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Reducing Regulation and Controlling Regulatory Costs

Executive Order: REDUCING REGULATION AND CONTROLLING REGULATORY COSTS

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Reducing Regulation and Controlling Regulatory Costs

Executive Order: REDUCING REGULATION AND CONTROLLING REGULATORY COSTS

0% found this document useful (0 votes)
94K views3 pages

Reducing Regulation and Controlling Regulatory Costs

Executive Order: REDUCING REGULATION AND CONTROLLING REGULATORY COSTS

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THE WHITE HOUSEOffice of the Press SecretaryFor Immediate Release January 30 !0"#E$E%UTI&E OR'ER( ( ( ( ( ( (RE'U%I)* RE*U+,TIO) ,)' %O)TRO++I)* RE*U+,TOR- %OSTS .y the authority /ested in me as President y the %onstitution and the la1s of the United States of ,merica includin2 the .ud2et and ,ccountin2 ,ct of "!" as amended 43" U5S5%5 ""0"
et seq.
6 section ""07 of title 3" United States %ode and section 30" of title 3 United States %ode it is herey ordered as follo1s8 Section "5 Pur9ose5 It is the 9olicy of the e:ecuti/e ranch to e 9rudent and financially res9onsile in the e:9enditure of funds from oth 9ulic and 9ri/ate sources5 In addition to the mana2ement of the direct e:9enditure of ta:9ayer dollars throu2h the ud2etin2 9rocessit is essential to mana2e the costs associated 1ith the 2o/ernmental im9osition of 9ri/ate e:9enditures re;uired to com9ly 1ith Federal re2ulations5 To1ard that end it is im9ortant that for e/ery one ne1 re2ulation issued at least t1o 9rior re2ulations e identified for elimination and that the cost of 9lanned re2ulations e 9rudently mana2ed and controlled throu2h a ud2etin2 9rocess5 Sec5 !5 Re2ulatory %a9 for Fiscal -ear !0"#5 4a6 Unless 9rohiited y la1 1hene/er an e:ecuti/e de9artment or a2ency 4a2ency6 9ulicly 9ro9oses for notice and comment or other1ise 9romul2ates a ne1 re2ulation it shall identify at least t1o e:istin2 re2ulations to ere9ealed5 46 For fiscal year !0"# 1hich is in 9ro2ress the heads of all a2encies are directed that the total incremental cost of all ne1 re2ulations includin2 re9ealed re2ulations to e finali<ed this year shall e no 2reater than <ero unless other1ise re;uired y la1 or consistent 1ith ad/ice 9ro/ided in 1ritin2 y the 'irector of the Office of =ana2ement and .ud2et 4'irector65 4c6 In furtherance of the re;uirement of susection 4a6 of this section any ne1 incremental costs associated 1ith ne1 re2ulations shall to the e:tent 9ermitted y la1 e offset y the elimination of e:istin2 costs associated 1ith at least t1o 9rior re2ulations5 ,ny a2ency eliminatin2 e:istin2 costs associated 1ith 9rior re2ulations under this susection shalldo so in accordance 1ith the ,dministrati/e Procedure ,ct and other a99licale la15 4d6 The 'irector shall 9ro/ide the heads of a2encies 1ith 2uidance on the im9lementationof this section5 Such 2uidance shall address amon2 other thin2s 9rocesses for standardi<in2 the measurement and estimation of re2ulatory costs> standards for determinin21hat ;ualifies as ne1 and offsettin2 re2ulations> standards for determinin2 the costs of e:istin2 re2ulations that are considered for elimination> 9rocesses for accountin2 for costs in
 
different fiscal years> methods to o/ersee the issuance of rules 1ith costs offset y sa/in2s atdifferent times or different a2encies> and emer2encies and other circumstances that mi2ht  ?ustify indi/idual 1ai/ers of the re;uirements of this section5 The 'irector shall consider 9hasin2 in and u9datin2 these re;uirements5 Sec5 35 ,nnual Re2ulatory %ost Sumissions to the Office of =ana2ement and .ud2et
.
 4a6 .e2innin2 1ith the Re2ulatory Plans 4re;uired under E:ecuti/e Order "!@AA of Se9temer 30 "3 as amended or any successor order6 for fiscal year !0"@ and for eachfiscal year thereafter the head of each a2ency shall identify for each re2ulation that increases incremental cost the offsettin2 re2ulations descried in section !4c6 of this order and 9ro/ide the a2encyBs est a99ro:imation of the total costs or sa/in2s associated 1ith each ne1 re2ulation or re9ealed re2ulation5 46 Each re2ulation a99ro/ed y the 'irector durin2 the Presidential ud2et 9rocess shalle included in the Unified Re2ulatory ,2enda re;uired under E:ecuti/e Order "!@AA as amended or any successor order5 4c6 Unless other1ise re;uired y la1 no re2ulation shall e issued y an a2ency if it 1as not included on the most recent /ersion or u9date of the 9ulished Unified Re2ulatory  ,2enda as re;uired under E:ecuti/e Order "!@AA as amended or any successor order unless the issuance of such re2ulation 1as a99ro/ed in ad/ance in 1ritin2 y the 'irector5 4d6 'urin2 the Presidential ud2et 9rocess the 'irector shall identify to a2encies a total amount of incremental costs that 1ill e allo1ed for each a2ency in issuin2 ne1 re2ulations and re9ealin2 re2ulations for the ne:t fiscal year5 )o re2ulations e:ceedin2 the a2encyBs total incremental cost allo1ance 1ill e 9ermitted in that fiscal year unless re;uired y la1 or a99ro/ed in 1ritin2 y the 'irector5 The total incremental cost allo1ance may allo1 an increase or re;uire a reduction in total re2ulatory cost5 4e6 The 'irector shall 9ro/ide the heads of a2encies 1ith 2uidance on the im9lementationof the re;uirements in this section5 Sec5 C5 'efinition5 For 9ur9oses of this order the term Dre2ulationD or DruleD means an a2ency statement of 2eneral or 9articular a99licaility and future effect desi2ned to im9lement inter9ret or 9rescrie la1 or 9olicy or to descrie the 9rocedure or 9ractice re;uirements of an a2ency ut does not include8 4a6 re2ulations issued 1ith res9ect to a military national securityor forei2n affairs function of the United States> 46 re2ulations related to a2ency or2ani<ation mana2ement or 9ersonnel> or  4c6 any other cate2ory of re2ulations e:em9ted y the 'irector5 Sec5 75 *eneral Pro/isions5 4a6 )othin2 in this order shall e construed to im9air or other1ise affect8 4i6 the authority 2ranted y la1 to an e:ecuti/e de9artment or a2ency or the head thereof> or 4ii6 the functions of the 'irector relatin2 to ud2etary administrati/e or le2islati/e 9ro9osals5
 
 46 This order shall e im9lemented consistent 1ith a99licale la1 and su?ect to the a/ailaility of a99ro9riations5 4c6 This order is not intended to and does not create any ri2ht or enefit sustanti/e or 9rocedural enforceale at la1 or in e;uity y any 9arty a2ainst the United States its de9artments a2encies or entities its officers em9loyees or a2ents or any other 9erson5'O),+' J5 TRU=PTHE WHITE HOUSE January 30 !0"#5
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