,,ii #aaf? ,,congress #a/ ,session ,s4 #hgj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #bf1 #bjai,mr4 ,portman 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 ,act4 #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$]al ,gov]nm5t m acc\ntable to ! public x s]ves4 #c4 ,regulatory impact analyses = c]ta9 rules ,section #bjb ( ! ,unfund$ ,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/1 z a result ( an ag5cy rule subject to ?is section4 7b7 ,regulatory impact analyses 7#a7 ,requirem5t ,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 ! ag5cy promulgat+ ! rule %all prep>e & publi% 9 ! ,f$]al ,regi/] an initial & f9al regulatory impact analysis ) respect to ! rule4 7#b7 ,initial regulatory impact analysis ,an initial regulatory impact analysis requir$ "u p>agraph 7#a7 %all-- 7,a7 accompany ! notice ( propos$ rulemak+ ) respect to ! rule t is ! subject ( ! analysis2 & 7,b7 be op5 to public comm5t4 7#c7 ,f9al regulatory impact analysis ,a f9al regulatory impact analysis requir$ "u p>agraph 7#a7 %all accompany ! f9al rule t is ! subject ( ! analysis4 7c7 ,cont5t ,ea* initial & f9al regulatory impact analysis prep>$ & publi%$ "u subsection 7b7 %all include1 ) respect to ! rule t is ! subject ( ! analysis-- 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 ( ! discretion ( ! ag5cy "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 ( ! prior consultation ( ! ag5cy "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 ( ! evaluation by ! ag5cy ( ! comm5ts & conc]ns describ$ 9 subp>agraph 7,b74 2 7#d7 9 subsection 7d71 z s r$esignat$1 by /rik+ a /atem5t "u subsection 7a7 is requir$1 ! ag5cy %all include 9 ! promulgation a summ>y ( ! in=mation conta9$ 9 ! /atem5t & ins]t+ an analysis "u subsection 7b7 is requir$1 ! ag5cy promulgat+ ! rule %all include 9 ! promulgation a summ>y ( ! in=mation conta9$ 9 ! analysis2 & 7#e7 9 subsection 7e71 z s r$esignat$1 by /rik+ any /atem5t requir$ "u subsection 7a7 9 conjunction ) or z a "p ( any o!r /atem5t or analysis1 provid$ t ! /atem5t or analysis satisfies ! provisions ( subsection 7a7 & ins]t+ any analysis requir$ "u subsection 7b7 9 conjunction )1 or z a "p (1 any o!r /atem5t or analysis if ! o!r /atem5t or analysis satisfies ! requirem5ts ( subsections 7b7 & 7c74 #d4 ,lea/ burd5some option or explanation requir$ ,title ,,ii ( ! ,unfund$ ,m&ates ,re=m ,act ( #aiie 7#b ,u4,s4,c4 #aeca et seq47 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 an ag5cy %all-- 7#a7 id5tify & consid] a reasonable numb] ( regulatory alt]natives )9 ! range ( ! discretion ( ! ag5cy "u ! /atute au?oriz+ ! rule1 includ+ ! alt]natives describ$ 9 section #bjb7;c77#a77;,b72 & 7#b7 f ! alt]natives id5tifi$ & consid]$ "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 ,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 p]son t is aggriev$ by f9al ag5cy action 9 adopt+ a rule t is subject to section #bjb is entitl$ to judicial review ( :e!r ! ag5cy compli$ ) 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 7a74 7d7 ,relief available ,9 grant+ relief 9 an action "u ?is section1 a c\rt %all ord] ! ag5cy t promulgat$ ! rule t is "u review to take rem$ial action consi/5t ) *apt] #g ( title #e1 ,unit$ ,/ates ,code4 4 #g4 ,effective date ,?is ,act %all take effect on ! date t is #ij days aft] ! date ( enactm5t ( ?is ,act4