IB
Union Calendar No. 93
106TH CONGRESS
1ST SESSION
H. R. 1074
[Report No. 106–168]
To provide Governmentwide accounting of regulatory costs and benefits, and
for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MARCH 11, 1999
Mr. BLILEY (for himself, Mr. MCINTOSH, Mr. CONDIT, Mr. STENHOLM, Mr.
SHUSTER, Mr. PICKETT, Mr. GOODE, Mr. HALL of Texas, Mr. JOHN,
Mr. TURNER, Mr. ENGLISH, Mr. GOODLATTE, Mr. ARMEY, Mr. DELAY,
Mr. CRAMER, Mr. GILLMOR, Mr. OXLEY, Mr. LARGENT, Mr. ARCHER,
Mr. MANZULLO, Mr. SANDLIN, Mr. WATTS of Oklahoma, Mr. GEKAS,
Mr. BARCIA, Mr. BISHOP, Mr. BOYD, Mr. CLEMENT, Mr. FORD, Mr.
SHOWS, Mr. TANNER, and Mr. TRAFICANT) introduced the following bill;
which was referred to the Committee on Government Reform
JUNE 7, 1999
Additional sponsors: Mr. TAUZIN, Mr. UPTON, Mr. TERRY, Mr. TALENT, Mr.
ROYCE, Mr. BARR of Georgia, Mr. GARY MILLER of California, Mr.
STUMP, Mr. WELDON of Florida, Mr. TIAHRT, Mr. RYAN of Wisconsin,
Mr. BEREUTER, Mrs. CHENOWETH, Mr. NETHERCUTT, Mr. WHITFIELD,
Mr. HUNTER, Mr. BACHUS, Mrs. BIGGERT, and Mr. NEY
JUNE 7, 1999
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed
(2) BENEFIT.—The term ‘‘benefit’’ means the
reasonably identifiable significant favorable effects,
quantifiable and nonquantifiable, including social,
health, safety, environmental, and economic effects,
that are expected to result from implementation of, or
compliance with, a rule.
(3) COST.—The term ‘‘cost’’ means the reason-
ably identifiable significant adverse effects, quantifi-
able and nonquantifiable, including social, health,
safety, environmental, and economic effects, that are
expected to result from implementation of, or compli-
ance with, a rule.
(4) DIRECTOR.—The term ‘‘Director’’ means the
Director of the Office of Management and Budget.
(5) MAJOR RULE.—The term ‘‘major rule’’ has
the meaning that term has under section 804(2) of
title 5, United States Code.
(6) NONMAJOR
RULE.—The term ‘‘nonmajor
rule’’ means any rule, as that term is defined in sec-
tion 804(3) of title 5, United States Code, other than
a major rule.
(7) PAPERWORK.—The term ‘‘paperwork’’ has
the meaning given the term ‘‘collection of informa-
tion’’ under section 3502 of title 44, United States
Code.
(8) PROGRAM COMPONENT.—The term ‘‘program
component’’ means a set of related rules.
SEC. 4. ACCOUNTING STATEMENT.
(a) IN GENERAL.—Not later than February 5, 2001,
and on the first Monday in February of each year there-
after, the President, acting through the Director of the Office
of Management and Budget, shall prepare and submit to
the Congress an accounting statement and associated report
containing an estimate of the total annual costs and bene-
fits of Federal regulatory programs, including rules and
paperwork—
(1) in the aggregate;
(2) by agency, agency program, and program
component; and
(3) by major rule.
(b) ADDITIONAL INFORMATION.—In addition to the in-
formation required under subsection (a), the President shall
include in each accounting statement under subsection (a)
the following information:
(1) An analysis of impacts of Federal rules and
paperwork on Federal, State, local, and tribal govern-
ment, the private sector, small business, wages, con-
sumer prices, and economic growth, as well as on
public health, public safety, the environment, con-
sumer protection, equal opportunity, and other public
policy goals.
(2) An identification and analysis of overlaps,
duplications, and potential inconsistencies among
Federal regulatory programs.
(3) Recommendations to reform inefficient or in-
effective regulatory programs or program components,
including recommendations for addressing market
failures that are not adequately addressed by existing
regulatory programs or program components.
(c) NET BENEFITS AND COSTS.—To the extent feasible,
the Director shall, in estimates contained in any submission
under subsection (a), quantify the net benefits or net costs
of—
(1) each program component covered by the sub-
mission;
(2) each major rule covered by the submission;
and
(3) each option for which costs and benefits were
included in any regulatory impact analysis issued for
any major rule covered by the submission.
(d) SUMMARY OF REGULATORY ACTIVITY.—The Direc-
tor shall include in each submission under subsection (a)
a table stating the number of major rules and the number
of nonmajor rules issued by each agency in the preceding
fiscal year.
(e) YEARS COVERED BY ACCOUNTING STATEMENT.—
Each accounting statement submitted under this section
shall, at a minimum—
(1) cover expected costs and benefits for the fiscal
year for which the statement is submitted and each of
the 4 fiscal years following that fiscal year;
(2) cover previously expected costs and benefits
for each of the 2 fiscal years preceding the fiscal year
for which the statement is submitted, or the most re-
cent revision of such costs and benefits; and
(3) with respect to each major rule, include the
estimates of costs and benefits for each of the fiscal
years referred to in paragraphs (1) and (2) that were
included in the regulatory impact analysis that was
prepared for the major rule.
(f) DELAYED APPLICATION
OF CERTAIN REQUIRE-
MENTS.—
(1) APPLICATION
AFTER
FIRST
STATEMENT.—
The following requirements shall not apply to the first
accounting statement submitted under this section:
(A) The requirement under subsection (a)(2)
to include estimates with respect to program
components.