,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bica  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ag1 #bjad,mr4
 ,portman 7= himself & ,mr4 ,crapo7     
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to am5d ! ,unfund$ ,m&ates
 ,re=m ,act ( #aiie to provide =        
regulatory impact analyses = c]ta9 rules
 & consid]ation ( ! lea/ burd5some      
regulatory alt]native1 & = o!r purposes4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,unfund$ ,m&ates ,acc\ntability ,act
 ( #bjad4  #b4 ,f9d+s ,congress f9ds !  
foll[+3 7#a7 ,! public has a "r to "k ! 
b5efits & co/s ( regulation4 ,effective 
regulatory programs provide important   
b5efits to ! public1 includ+ protect+ ! 
environm5t1 work] safety1 & human heal?4
 ,regulations also impose significant   
co/s on individuals1 employ]s1 & ,/ate1 
local1 & tribal gov]nm5ts1 div]t+       
res\rces f o!r important priorities4    
7#b7 ,bett] regulatory analysis & review

 %\ld improve ! quality ( ag5cy         
decisions1 increas+ ! b5efits & r$uc+   
unw>rant$ co/s ( regulation4  7#c7      
,disclosure & scrut9y ( key in=mation   
und]ly+ ag5cy decisions %\ld make !     
,f$]al ,gov]nm5t m acc\ntable to !      
public x s]ves4  #c4 ,regulatory impact 
analyses = c]ta9 rules  7a7 ,regulatory 
impact analyses = c]ta9 rules ,section  
#bjb ( ! ,unfund$ ,m&ates ,re=m ,act (  
#aiie 7#b ,u4,s4,c4 #aecb7 is am5d$--   
7#a7 by /rik+ ! section head+ & ins]t+ !
 foll[+3  #bjb4 ,regulatory impact      
analyses = c]ta9 rules  2  7#b7 by      
r$esignat+ subsections 7b7 & 7c7 z      
subsections 7d7 & 7e71 respectively2    
7#c7 by /rik+ subsection 7a7 & ins]t+ ! 
foll[+3  7a7 ,def9ition ,9 ?is section1 
! t]m co/ means ! co/ ( compliance & any
 reasonably =eseeable indirect co/s1    
includ+ rev5ues lo/ z a result ( an     
ag5cy rule subject to ?is section4  7b7 
,9 g5]al  7#a7 ,regulatory impact       
analysis requir$ ,be=e promulgat+ any   
propos$ or f9al rule t may h an annual  

effect on ! economy ( #ajj1jjj1jjj or m 
7adju/$ = inflation71 or t may result 9 
! exp5diture by ,/ate1 local1 & tribal  
gov]nm5ts1 9 ! aggregate1 ( #ajj1jjj1jjj
 or m 7adju/$ = inflation7 9 any #a ye>1
 ea* ag5cy %all prep>e & publi% 9 !     
,f$]al ,regi/] an initial & f9al        
regulatory impact analysis4  7#b7       
,initial regulatory impact analysis ,!  
initial regulatory impact analysis      
requir$ "u p>agraph 7#a7 %all-- 7,a7    
accompany ! notice ( propos$ rulemak+2 &
  7,b7 be op5 to public comm5t4  7#c7   
,f9al regulatory impact analysis ,! f9al
 regulatory impact analysis requir$ "u  
p>agraph 7#a7 %all accompany ! f9al     
rule4  7c7 ,cont5t ,! initial & f9al    
regulatory impact analysis "u subsection
 7b7 %all include-- 7#a7 7,a7 an        
analysis ( ! anticipat$ b5efits & co/s (
 ! rule1 :i* %all be quantifi$ to !     
ext5t feasible2  7,b7 an analysis ( !   
b5efits & co/s ( a reasonable numb] (   
regulatory alt]natives )9 ! range ( !   
ag5cy's discretion "u ! /atute au?oriz+ 

! rule1 includ+ alt]natives t-- 7i7     
require no action by ! ,f$]al ,gov]nm5t2
 &  7ii7 7,i7 use inc5tives & m>ket-bas$
 means to enc\rage ! desir$ behavior2   
7,,ii7 provide in=mation bas$ ^u :i* !  
public c make *oices2 or  7,,iii7 employ
 o!r flexible regulatory options t p]mit
 ! greate/ flexibility 9 a*iev+ !       
objectives ( ! /atute au?oriz+ ! rule2 &
  7,c7 an explanation ( h[ ! rule       
complies ) ! requirem5ts ( section #bje2
  7#b7 an assessm5t ( ! ext5t to :i*--  
7,a7 ! co/s to ,/ate1 local1 & tribal   
gov]nm5ts may be paid ) ,f$]al f9ancial 
assi/ance 7or o!rwise paid = by ! ,f$]al
 ,gov]nm5t72 &  7,b7 ,f$]al res\rces are
 available to c>ry out ! rule2  7#c7    
e/imates (-- 7,a7 any disproportionate  
budget>y effects ( ! rule ^u any        
p>ticul>-- 7i7 regions ( ! ,unit$       
,/ates2  7ii7 ,/ate1 local1 or tribal   
gov]nm5ts2  7iii7 types ( communities1  
includ+ urban or rural communities2 or  
7iv7 segm5ts ( ! private sector2 &  7,b7
 ! effect ( ! rule on job creation or   

job loss1 :i* %all be quantifi$ to !    
ext5t feasible2 &  7#d7 7,a7 a          
description ( ! ext5t ( ! ag5cy's prior 
consultation "u section #bjd ) elect$   
repres5tatives ( ea* affect$ ,/ate1     
local1 or tribal gov]nm5t2  7,b7 a      
summ>y ( ! comm5ts & conc]ns t 7 pres5t$
 to ! ag5cy orally or 9 writ+ by ,/ate1 
local1 or tribal gov]nm5ts2 &  7,c7 a   
summ>y ( ! ag5cy's evaluation ( !       
comm5ts & conc]ns describ$ 9 subp>agraph
 7,b74  2  7#d7 9 subsection 7d71 z     
r$esignat$1 by /rik+ subsection 7a7 &   
ins]t+ subsection 7b72 &  7#e7 9        
subsection 7e71 z r$esignat$1 by /rik+  
subsection 7a7 ea* place t t]m appe>s & 
ins]t+ subsection 7b74  7b7 ,te*nical & 
con=m+ am5dm5t ,! table ( sections = !  
,unfund$ ,m&ates ,re=m ,act ( #aiie is  
am5d$ by /rik+ ! item relat+ to section 
#bjb & ins]t+ ! foll[+3  ,sec4 #bjb4    
,regulatory impact analyses = c]ta9     
rules4  4  #d4 ,lea/ burd5some option or
 explanation requir$ ,title ,,ii ( !    
,unfund$ ,m&ates ,re=m ,act ( #aiie is  

am5d$ by /rik+ section #bje 7#b         
,u4,s4,c4 #aece7 & ins]t+ ! foll[+3     
#bje4 ,lea/ burd5some option or         
explanation requir$ ,be=e promulgat+ any
 propos$ or f9al rule = :i* a regulatory
 impact analysis is requir$ "u section  
#bjb1 ! ag5cy %all-- 7#a7 id5tify &     
consid] a reasonable numb] ( regulatory 
alt]natives )9 ! range ( ! ag5cy's      
discretion "u ! /atute au?oriz+ ! rule1 
includ+ alt]natives requir$ "u section  
#bjb7;c77#a77;,b72 &  7#b7 f !          
alt]natives describ$ "u p>agraph 7#a71  
select ! lea/ co/ly1 mo/ co/-effective1 
or lea/ burd5some alt]native t a*ieves !
 objectives ( ! /atute4  4  #e4         
,inclusion ( application to indep5d5t   
regulatory ag5cies  7a7 ,9 g5]al        
,section #dba7a7 ( ! ,congressional     
,budget & ,imp\ndm5t ,control ,act (    
#aigd 7#b ,u4,s4,c4 #feh7a77 is am5d$ by
 /rik+ 1 b does n include indep5d5t     
regulatory ag5cies4  7b7 ,exemption =   
monet>y policy ,! ,unfund$ ,m&ates ,re=m
 ,act ( #aiie 7#b ,u4,s4,c4 #aeja et    

seq47 is am5d$ by ins]t+ aft] section #e
 ! foll[+3  #f4 ,exemption = monet>y    
policy ,no?+ 9 title ,,ii1 ,,iii1 or    
,,iv %all apply to rules t conc]n       
monet>y policy propos$ or implem5t$ by !
 ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve   
,sy/em or ! ,f$]al ,op5 ,m>ket          
,committee4  4  #f4 ,judicial review    
,title ,,iv ( ! ,unfund$ ,m&ates ,re=m  
,act ( #aiie is am5d$ by /rik+ section  
#dja 7#b ,u4,s4,c4 #aega7 & ins]t+ !    
foll[+3  #dja4 ,judicial review  7a7 ,9 
g5]al ,= a rule t is subject to section 
#bjb1 a p]son aggriev$ by f9al ag5cy    
action 9 adopt+ ! rule is entitl$ to    
judicial review ( ! ag5cy's compliance )
 section #bjb7;b71 #bjb7;c77#a71 or #bje
 ) respect to ! rule4  7b7 ,scope (     
review ,*apt] #g ( title #e1 ,unit$     
,/ates ,code1 %all gov]n ! scope (      
judicial review "u subsection 7a74  7c7 
,jurisdiction ,ea* c\rt t has           
jurisdiction to review a rule =         
compliance ) section #eec ( title #e1   
,unit$ ,/ates ,code1 or "u any o!r      

provision ( law1 %all h jurisdiction to 
review a claim br\ght "u subsection 7a7 
( ?is section4  7d7 ,relief available ,9
 grant+ relief 9 an action "u ?is       
section1 ! c\rt %all ord] ! ag5cy to    
take rem$ial action consi/5t ) *apt] #g 
( title #e1 ,unit$ ,/ates ,code1 includ+
 rem& & vacatur4  4  #g4 ,effective date
 ,?is ,act %all take effect #ij days    
aft] ! date ( enactm5t ( ?is ,act4