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Cost Benefit And Other Analysis Requirements In The Rulemaking Process
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Author :Congressional Research Congressional Research Service Publisher :CreateSpace ISBN 13 :9781505587180 Total Pages :34 pages Book Rating :4.5/5 (871 download)
Book Synopsis Cost-Benefit and Other Analysis Requirements in the Rulemaking Process by : Congressional Research Congressional Research Service
Download or read book Cost-Benefit and Other Analysis Requirements in the Rulemaking Process written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-09 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory analytical requirements (e.g., cost-benefit and cost-effectiveness analysis) have been established incrementally during the last 40 to 50 years through a series of presidential and congressional initiatives. The current set of requirements includes Executive Order 12866 and Office of Management and Budget (OMB) Circular A-4, the Regulatory Flexibility Act (RFA), and the Unfunded Mandates Reform Act (UMRA). These requirements vary in terms of the agencies and rules they cover, and the types of analyses that are required. For example, a regulatory analysis under the Regulatory Flexibility Act is not required if the agency head certifies that the rule will not have a "significant economic impact on a substantial number of small entities." The most extensive and broadly applicable of the requirements are in Executive Order 12866 and OMB Circular A-4, but they do not apply to independent regulatory agencies. The statutes that provide rulemaking authority to independent regulatory agencies often require them to reconsider regulatory costs and benefits, and they often have less explicit requirements for cost-benefit analysis, if any. An OMB report indicated that independent regulatory agencies provided some information and costs and benefits in 76 of the 118 major rules they issued from FY2003 to FY2012. Cabinet departments and other agencies estimated monetary costs and benefits for some, but not all, of their rules. Several bills have been introduced in the 113th Congress that would codify and/or expand the current requirements for cost-benefit analysis. Congress could decide to keep the existing analytical framework in place, or could enact one or more of these reform proposals. Another more comprehensive approach could be to consolidate all of the analytical requirements in one place, and perhaps expand those requirements to include more agencies or rules, or to require different types of analysis. To do so, or to simply cover independent regulatory agencies by the executive order, the President could arguably amend Executive Order 12866 and OMB Circular A-4, or Congress could enact legislation. Any such changes must be cognizant of the state of existing law and practice in this area, and the resources and data required for agencies to carry out the analyses.
Book Synopsis Cost-benefit and Other Analysis Requirements in the Rulemaking Process by : Maeve P. Carey
Download or read book Cost-benefit and Other Analysis Requirements in the Rulemaking Process written by Maeve P. Carey and published by . This book was released on 2014 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Regulations by : Jamie P. Davidson
Download or read book Federal Regulations written by Jamie P. Davidson and published by Nova Science Publishers. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal agencies issue thousands of regulations each year under delegated authority from Congress. Over the past 70 years, Congress and various Presidents have created a set of procedures agencies must follow to issue these regulations, some of which contain requirements for the calculation and consideration of costs, benefits, and other economic effects of regulations. In recent years, many Members of Congress have expressed an interest in various regulatory reform efforts that would change the current set of rulemaking requirements, including requirements to estimate costs and benefits of regulations. As part of this debate, it has become common for supporters of regulatory reform to comment on the total cost of federal regulation. This book discusses methods of estimating the total cost of federal regulations. Furthermore, the book serves to inform the congressional debate over rulemaking by analysing different ways to measure federal rulemaking activity; describes the existing requirements for cost-benefit and other types of analysis in the federal rulemaking process; and discusses options for changing the current set of analytical requirements.
Book Synopsis Cost-benefit Analysis in the Federal Rulemaking Process by : Blake I. Durham
Download or read book Cost-benefit Analysis in the Federal Rulemaking Process written by Blake I. Durham and published by . This book was released on 2012 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines a common concern voiced by proponents of regulatory reform in recent decades which has been that the costs associated with certain regulations outweigh the benefits that the regulations are intended to provide. To improve the quality and effectiveness of federal rules and minimize burden, regulatory reform proponents have frequently advocated greater use of a range of analytic tools during the rulemaking process, including cost-benefit analysis and cost-effectiveness analysis.
Book Synopsis Cost-Benefit Analysis in the Federal Rulemaking Process by : Blake I. Durham
Download or read book Cost-Benefit Analysis in the Federal Rulemaking Process written by Blake I. Durham and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains edited, excerpted and augmented editions of CRS reports.
Book Synopsis Federal Rulemaking by : Norman A. Elwin
Download or read book Federal Rulemaking written by Norman A. Elwin and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal regulation, like taxing and spending, is one of the basic tools of government uses to implement public policy. Although not as frequently examined as congressional or presidential policy making, the process of developing and framing rules is viewed by some as central to the definition and implementation of public policy in the United States. Federal agencies issue thousands of regulations each year to achieve national goals. For the few hundred of these rules deemed to be significant, agencies are required to assess expected costs and benefits. For the subset of these rules estimated to have the greatest economic impact, agencies must also include an assessment of alternatives. This book addresses how often and to what extent significant, economically significant, and major rules include key elements for assessing or analyzing benefits and costs; and how and to what extent agencies assess the quality of the scientific, technical, and other types of data they use to consider benefits and costs. The purpose of this book is to provide Congress with an overview of the federal rulemaking process and a brief discussion of the major laws and executive orders that prescribe the procedures agencies are to apply when promulgating regulations.
Book Synopsis Federal Rulemaking Agencies Included Key Elements of Cost-Benefit Analysis, But Explanations of Regulations? Significance Could Be More Transparent by : United States Government Accountability
Download or read book Federal Rulemaking Agencies Included Key Elements of Cost-Benefit Analysis, But Explanations of Regulations? Significance Could Be More Transparent written by United States Government Accountability and published by CreateSpace. This book was released on 2015-06-26 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Paperwork Reduction Act of 1980 (PRA) established OIRA as an office within OMB. OIRA is responsible for the coordinated review of executive agency rulemakings to ensure that regulations are consistent with applicable laws, the President's priorities, and the principles set forth in executive orders. Agencies provide OIRA with basic summary information when drafting rules to determine if additional OIRA review is required.
Book Synopsis Federal Rulemaking by : Michelle Sager
Download or read book Federal Rulemaking written by Michelle Sager and published by . This book was released on 2014-10-15 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal agencies issue thousands of regulations each year to achieve national goals. For the few hundred of these rules deemed to be significant, agencies are required to assess expected costs and benefits. For the subset of these rules estimated to have the greatest economic impact, agencies must also include an assessment of alternatives. This report reviewed agencies' compliance with broadly applicable directives and guidance related to significant federal rulemaking. It addresses (1) how often and to what extent significant, economically significant, and major rules include key elements for assessing or analyzing benefits and costs; and (2) how and to what extent agencies assess the quality of the scientific, technical, and other types of data they use to consider benefits and costs. Tables and figures. This is a print on demand report.
Book Synopsis The Cost-benefit State by : Cass R. Sunstein
Download or read book The Cost-benefit State written by Cass R. Sunstein and published by American Bar Association. This book was released on 2002 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the current topic of Federal Government regulations increasingly assessed by asking whether the benefits of the regulation justifies the cost of the regulation.
Book Synopsis Independent Regulatory Commissions by : Ruben Meijer
Download or read book Independent Regulatory Commissions written by Ruben Meijer and published by Nova Science Publishers. This book was released on 2013-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal agencies regularly adopt rules, which have the force of law, to implement the statutes and programs authorised by Congress. Unless a statute directs otherwise, agencies generally must follow the requirements of the Administrative Procedure Act to promulgate rules. However, beginning with President Reagan, Presidents have maintained a centralised review process for "significant regulatory actions." Currently, Executive Order (EO) 12866, issued by President Clinton, imposes additional procedures agencies must follow before a rule can be finalised. This includes requiring agencies to submit proposed regulatory action to the Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB) for review. Although EO 12866 applies to executive agencies, independent regulatory commissions (IRCs) are not required to submit their rules to OIRA for review. In the 112th Congress, Senator Rob Portman introduced S.3468, the Independent Regulatory Agency Analysis Act of 2012. Under this bill, the President could issue an executive order establishing centralised review procedures for IRCs. This book discusses the constitutionality and the legal effects of extending centralised review of rulemaking to IRCs.
Author :United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts, Commercial and Administrative Law Publisher : ISBN 13 : Total Pages :80 pages Book Rating :4.:/5 (318 download)
Book Synopsis Cost-justifying Regulations by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts, Commercial and Administrative Law
Download or read book Cost-justifying Regulations written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts, Commercial and Administrative Law and published by . This book was released on 2011 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781977948656 Total Pages :64 pages Book Rating :4.9/5 (486 download)
Book Synopsis Federal Rulemaking by : United States Government Accountability Office
Download or read book Federal Rulemaking written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-04 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal agencies issue thousands of regulations each year to achieve national goals. For the few hundred of these rules deemed to be significant, agencies are required to assess expected costs and benefits. For the subset of these rules estimated to have the greatest economic impact, agencies must also include an assessment of alternatives. GAO was asked to review agencies' compliance with broadly applicable directives and guidance related to significant federal rulemaking. This report addresses (1) how often and to what extent significant, economically significant, and major rules include key elements for assessing or analyzing benefits and costs; and (2) how and to what extent agencies assess the quality of the scientific, technical, and other types of data they use to consider benefits and costs. To answer these objectives, GAO reviewed a generalizable sample of 109 significant and 57 economically significant rules issued by executive agencies and all 37 major rules issued by independent agencies and published in the Federal Register from July 1, 2011, to June 30, 2013. GAO also conducted roundtable discussions with the 17 executive and independent agencies with the largest number of rules in GAO's sample.
Book Synopsis Independent Regulatory Commissions by : Ruben Meijer
Download or read book Independent Regulatory Commissions written by Ruben Meijer and published by Novinka Books. This book was released on 2013 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal agencies regularly adopt rules, which have the force of law, to implement the statutes and programs authorized by Congress. Unless a statute directs otherwise, agencies generally must follow the requirements of the Administrative Procedure Act to promulgate rules. However, beginning with President Reagan, Presidents have maintained a centralized review process for "significant regulatory actions." Currently, Executive Order (EO) 12866, issued by President Clinton, imposes additional procedures agencies must follow before a rule can be finalized. This includes requiring agencies to submit proposed regulatory action to the Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB) for review. Although EO 12866 applies to executive agencies, independent regulatory commissions (IRCs) are not required to submit their rules to OIRA for review. In the 112th Congress, Senator Rob Portman introduced S.3468, the Independent Regulatory Agency Analysis Act of 2012. Under this bill, the President could issue an executive order establishing centralized review procedures for IRCs. This book discusses the constitutionality and the legal effects of extending centralized review of rulemaking to IRCs.
Book Synopsis Cost-Benefit Analysis in Federal Agency Rulemaking by : Carey
Download or read book Cost-Benefit Analysis in Federal Agency Rulemaking written by Carey and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Regulatory Reform Programs and the Use of Cost-benefit Analysis by :
Download or read book Federal Regulatory Reform Programs and the Use of Cost-benefit Analysis written by and published by . This book was released on 1984 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Regulatory Impact Assessment by : Claire A. Dunlop
Download or read book Handbook of Regulatory Impact Assessment written by Claire A. Dunlop and published by Edward Elgar Publishing. This book was released on 2016-04-29 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory impact assessment (RIA) is the main instrument used by governments and regulators to appraise the likely effects of their policy proposals. This pioneering Handbook provides a comparative and comprehensive account of this tool, situating it in the relevant theoretical traditions and scrutinizing its use across countries, policy sectors and policy instruments. Comprising six parts, university researchers, international consultants and practitioners working in international organizations examine regulatory impact assessment from many perspectives, which include: • research traditions in the social sciences • implementation, regulatory indicators and effects • tools and dimensions such as courts and gender • sectoral case studies including environment, enterprise and international development • international diffusion in the European Union (EU), Americas, Asia and developing countries • appraisal, training and education. With its wealth of detail and lessons to be learned, the Handbook of Regulatory Impact Assessment will undoubtedly be of great value to practitioners and scholars working in governance, political science and socio-legal studies.
Book Synopsis Regulatory Accounting by : Curtis W. Copeland
Download or read book Regulatory Accounting written by Curtis W. Copeland and published by DIANE Publishing. This book was released on 1999-12 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of issuing and enforcing regulations is a basic tool of government, but the costs that nonfederal entities pay to comply with federal regulations are not accounted for in the federal budget process. This report provides information on the Office of Management and Budget's (OMB) 1997 and 1998 reports to Congress regarding the costs and benefits of federal regulations. Specifically, it describes, for each of 4 statutory requirements, (1) how OMB addressed the requirements in its reports and (2) the views of noted economists in the field of cost-benefit analysis regarding OMB's responses in these reports.
