‘‘(B) be open to public comment. 
‘‘(3) FINAL REGULATORY IMPACT ANALYSIS.— 
A final regulatory impact analysis required under 
paragraph (1) shall accompany the final major rule 
that is the subject of the analysis. 
‘‘(c) CONTENT.—Each initial and final regulatory im-
pact analysis prepared and published under subsection (b) 
shall include, with respect to the major rule that is the 
subject of the analysis— 
‘‘(1)(A) an analysis of the anticipated benefits 
and costs of the major rule, which shall be quan-
tified to the extent feasible; 
‘‘(B) an analysis of the benefits and costs of a 
reasonable number of regulatory alternatives within 
the range of the discretion of the agency under the 
statute authorizing the major rule, including alter-
natives that— 
‘‘(i) require no action by the Federal Gov-
ernment; and 
‘‘(ii)(I) use incentives and market-based 
means to encourage the desired behavior; 
‘‘(II) provide information based upon 
which the public can make choices; or 
‘‘(III) employ other flexible regulatory op-
tions that permit the greatest flexibility in 
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pamtmann on DSKBC07HB2PROD with BILLS
achieving the objectives of the statute author-
izing the major rule; and 
‘‘(C) an explanation of how the major rule com-
plies with the requirements of section 205; 
‘‘(2) an assessment of the extent to which— 
‘‘(A) the costs to State, local, and Tribal 
governments may be paid with Federal financial 
assistance (or otherwise paid for by the Federal 
Government); and 
‘‘(B) Federal resources are available to 
carry out the major rule; 
‘‘(3) estimates of— 
‘‘(A) any disproportionate budgetary ef-
fects of the major rule upon any particular— 
‘‘(i) regions of the United States; 
‘‘(ii) State, local, or Tribal govern-
ments; 
‘‘(iii) types of communities, including 
urban or rural communities; or 
‘‘(iv) segments of the private sector; 
and 
‘‘(B) the effect of the major rule on job 
creation or job loss, which shall be quantified to 
the extent feasible; and 
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pamtmann on DSKBC07HB2PROD with BILLS
‘‘(4)(A) a description of the extent of the prior 
consultation of the agency under section 204 with 
elected representatives of each affected State, local, 
or Tribal government; 
‘‘(B) a summary of the comments and concerns 
that were presented to the agency orally or in writ-
ing by State, local, or Tribal governments; and 
‘‘(C) a summary of the evaluation by the agen-
cy of the comments and concerns described in sub-
paragraph (B).’’; 
(D) in subsection (d), as so redesignated, 
by striking ‘‘a statement under subsection (a) is 
required, the agency shall include in the pro-
mulgation a summary of the information con-
tained in the statement’’ and inserting ‘‘an 
analysis under subsection (b) is required, the 
agency promulgating the major rule shall in-
clude in the promulgation a summary of the in-
formation contained in the analysis’’; and 
(E) in subsection (e), as so redesignated, 
by striking ‘‘any statement required under sub-
section (a) in conjunction with or as a part of 
any other statement or analysis, provided that 
the statement or analysis satisfies the provi-
sions of subsection (a)’’ and inserting ‘‘any 
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