[Federal Register Volume 77, Number 71 (Thursday, April 12, 2012)]
[Notices]
[Pages 22003-22004]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-8533]


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OFFICE OF MANAGEMENT AND BUDGET


Draft 2012 Report to Congress on the Benefits and Costs of 
Federal Regulations and Unfunded Mandates on State, Local and Tribal 
Entities

AGENCY: Office of Management and Budget, Executive Office of the 
President.

ACTION: Notice of availability and request for comments.

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SUMMARY: The Office of Management and Budget (OMB) requests comments on 
its Draft 2012 Report to Congress on the Benefits and Costs of Federal 
Regulations, available at: http://www.whitehouse.gov/omb/inforeg_regpol_reports_congress/. The Draft Report is divided into four 
chapters. Chapter I examines the benefits and costs of major Federal 
regulations issued in Fiscal Year 2011 and summarizes the benefits and 
costs of major regulations issued between October 2001 and September 
2011. It also discusses regulatory impacts on State, local, and tribal 
governments, small business, wages, and economic growth. Chapter II 
offers recommendations for regulatory reform. Chapter III provides an 
update on implementation of the Information Quality Act. Chapter IV 
summarizes agency compliance with the Unfunded Mandates Reform Act. OMB 
requests that comments be submitted electronically to OMB within 60 
days from the date of notice publication in the Federal Register 
through www.regulations.gov.

DATES: To ensure consideration of comments as OMB prepares this Draft 
Report for submission to Congress, comments must be in writing and 
received by 60 days after publication.

ADDRESSES: Submit comments by one of the following methods:
    <bullet> www.regulations.gov: Direct comments to Docket ID OMB-
2010-0008
    <bullet> Fax: (202) 395-7285.
    <bullet> Mail: Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attn: Mabel Echols, NEOB, Room 10202, 725 
17th Street NW., Washington, DC 20503. To ensure that your comments are 
received, we recommend that comments on this draft report be 
electronically submitted.
    All comments and recommendations submitted in response to this 
notice will be made available to the public, including by posting them 
on OMB's Web site. For this reason, please do not include in your 
comments information of a confidential nature, such as sensitive 
personal information or proprietary information. The 
www.regulations.gov Web site is an ``anonymous access'' system, which 
means OMB will not know your identity or contact information unless you 
provide it in the body of your comment.
    For Further Information, contact: Mabel Echols, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
NEOB, Room 10202, 725 17th Street NW., Washington, DC 20503. Telephone: 
(202) 395-3741.

SUPPLEMENTARY INFORMATION: Congress directed the Office of Management 
and Budget (OMB) to prepare an annual Report to Congress on the Costs 
and Benefits of Federal Regulations. Specifically, Section 624 of the 
FY 2001 Treasury and General Government Appropriations Act, also known 
as the ``Regulatory Right-to-Know Act,'' (the Act) requires OMB to 
submit a report on the costs and benefits of Federal regulations 
together with recommendation for reform. The Act states that the report 
should contain estimates of the costs and benefits of regulations in 
the aggregate, by agency and agency program, and by major rule, as well 
as an analysis of impacts of Federal regulation on State, local, and 
tribal governments, small businesses, wages, and economic growth. The 
Act also states that the report should be

[[Page 22004]]

subject to notice and comment and peer review.

Cass R. Sunstein,
Administrator, Office of Information and Regulatory Affairs.
[FR Doc. 2012-8533 Filed 4-11-12; 8:45 am]
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