Notice2024-25859

Draft Report to Congress on the Benefits and Costs of Federal Regulations and Agency Compliance With the Unfunded Mandates Reform Act

Primary source

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Published
November 7, 2024

Issuing agencies

Management and Budget Office

Abstract

The Office of Management and Budget (OMB) requests comments on its Draft Report to Congress on the Benefits and Costs of Federal Regulations and Agency Compliance with the Unfunded Mandates Reform Act, available at www.whitehouse.gov/omb/information-regulatory- affairs/reports. The Draft Report is divided into two parts, the first of which is further divided into several chapters. Part I, chapter I examines the benefits and costs of major Federal regulations issued in fiscal year 2023. Part I, chapter II discusses regulatory impacts on State, local, and Tribal governments, small business, wages and employment, and economic growth. Part I, chapter III offers recommendations for regulatory reform. Part II summarizes agency compliance with the Unfunded Mandates Reform Act. OMB requests that comments be submitted electronically to OMB by December 9, 2024, through www.regulations.gov using Docket ID OMB-2024-0012.

Full Text

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[Federal Register Volume 89, Number 216 (Thursday, November 7, 2024)]
[Notices]
[Pages 88309-88310]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-25859]


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OFFICE OF MANAGEMENT AND BUDGET


Draft Report to Congress on the Benefits and Costs of Federal 
Regulations and Agency Compliance With the Unfunded Mandates Reform Act

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 Report to Congress on the Benefits and Costs of Federal 
Regulations and Agency Compliance with the Unfunded Mandates Reform 
Act, available at <a href="http://www.whitehouse.gov/omb/information-regulatory-affairs/reports">www.whitehouse.gov/omb/information-regulatory-affairs/reports</a>. The Draft Report is divided into two parts, the first 
of which is further divided into several chapters. Part I, chapter I 
examines the benefits and costs of major Federal regulations issued in 
fiscal year 2023. Part I, chapter II discusses regulatory impacts on 
State, local, and Tribal governments, small business, wages and 
employment, and economic growth. Part I, chapter III offers 
recommendations for regulatory reform. Part II summarizes agency 
compliance with the Unfunded Mandates Reform Act. OMB requests that 
comments be submitted electronically to OMB by December 9, 2024, 
through <a href="http://www.regulations.gov">www.regulations.gov</a> using Docket ID OMB-2024-0012.

DATES: To ensure consideration of comments as OMB prepares this Draft 
Report for submission to Congress, comments must be in writing and 
received by December 9, 2024.

ADDRESSES: Submit comments by one of the following methods:
    <bullet> <a href="http://www.regulations.gov">www.regulations.gov</a>: Direct comments to Docket ID OMB-
2024-0012.
    <bullet> Fax: (202) 395-7285.
    <bullet> Mail: Office of Information and Regulatory Affairs, Office 
of Management and Budget, New Executive Office Building, 9th Floor, 725 
17th Street NW, Washington, DC 20503. To ensure that your comments are 
received timely, we recommend that comments on this draft report be 
electronically submitted.
    Privacy Act Statement: OMB is issuing this draft report pursuant to 
its authorities under the Regulatory Right to Know Act, Public Law 106-
554, title IV, sec. 624. Your submission of comments is voluntary. OMB 
will use your feedback to inform sound decision making regarding this 
report. Please note that submissions received in response to this 
notice may be posted in the Federal eRulemaking Portal at 
<a href="http://www.regulations.gov">www.regulations.gov</a> or otherwise released in their entirety, including 
any personal and business confidential information provided. Do not 
include in your submissions any information of a confidential nature, 
such as personal or proprietary information, or any information you 
would not like to be made publicly available. The OMB System of Records 
Notice, OMB Public Input System of Records, OMB/INPUT/01, at 88 FR 
20913 (<a href="http://www.federalregister.gov/documents/2023/04/07/2023-07452/privacy-act-of-1974-system-of-records">www.federalregister.gov/documents/2023/04/07/2023-07452/privacy-act-of-1974-system-of-records</a>) includes a list of routine uses 
associated with the collection of this information.
    For general inquiries email: 
<a href="/cdn-cgi/l/email-protection#38757a601677757a1677716a79167a7b676a5d48574a4c67694d5d4b4c5157564b7857555a165d5748165f574e"><span class="__cf_email__" data-cfemail="1b56594335545659355452495a35595844497e6b74696f444a6e7e686f727475685b747679357e746b357c746d">[email&#160;protected]</span></a>.

[[Page 88310]]


SUPPLEMENTARY INFORMATION: Congress directed the Office of Management 
and Budget to prepare an annual Report to Congress on the Benefits and 
Costs of Federal Regulations. Specifically, section 624 of title IV 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 benefits and costs of Federal regulations 
together with recommendations 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 subject 
to notice and comment and peer review. OIRA requests public comments on 
the report in general, including its substance and format; how to 
improve transparency and accountability with respect to the effects of 
regulation; and the various recommendations for reform.

Richard Revesz,
Administrator, Office of Information and Regulatory Affairs.
[FR Doc. 2024-25859 Filed 11-6-24; 8:45 am]
BILLING CODE P


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