Take the following as truth: Since the standard appears to constitute a federal mandate resulting in aggregate annual private sector expenditures of $100 million or more, it would be subject to the requirements of section 202 of the Act (Statements to Accompany Significant Regulatory Actions).
Then the following statement: "The proposal is subject to the 202 section of the Act since it spends more than 100 million. " is true, false, or inconclusive?
Answer: True