S.Amdt. 3684
What it does: Adds SEC. 4. SMALL BUSINESS ADMINISTRATION STUDY ON THE COST OF FEDERAL REGULATIONS at the end of the bill
Sen. John Boozman (R-AR)What it changes
1 change to S. 2569 · shown in the bill's text
Adds SEC. 4. SMALL BUSINESS ADMINISTRATION STUDY ON THE COST OF FEDERAL REGULATIONS at the end of the bill
Adds a sectionIn S. 2569 · Placed on Calendar Senate
(d) Effective Date.--The amendments made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act.
Inserted: SEC. 4. SMALL BUSINESS ADMINISTRATION STUDY ON THE COST OF FEDERAL REGULATIONS.
Inserted: (a) Definition.--In this section--
Inserted: (1) the terms "Administration" and "Administrator" mean the Small Business Administration and the Administrator thereof;
Inserted: (2) the term "major rule" has the meaning given that term under section 804 of title 5, United States Code; and
Inserted: (3) the term "small business concern" has the meaning given that term under in section 3 of the Small Business Act (15 U.S.C. 632).
Inserted: (b) Study.--Not later than 1 year after the date of enactment of this Act, and every year thereafter, the Administrator shall conduct a study on the total cost, including job losses, of Federal regulations to small business concerns.
Inserted: (c) Requirement.--In conducting each study required under subsection (b), the Administrator shall use the best available estimates of the costs and the benefits, including estimates produced in accordance with Executive Order 12866 (5 U.S.C. 601 note; relating to regulatory planning and review), disaggregated by each agency issuing a major rule, of--
Inserted: (1) each major rule promulgated during the year covered by the study that resulted in a net cost to small business concerns; and
Inserted: (2) the cumulative costs of such major rules.
Inserted: (d) Report.--Not later than 90 days after completing a study required under subsection (b), the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report, which shall include--
Inserted: (1) the findings of the study; and
Inserted: (2) for each study completed after the first study, the increase in the total cost of Federal regulations to small business concerns above the total cost included in the report for the preceding year.
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Inserted: (e) Funding.--
Inserted: (1) In general.--The Administrator shall carry out this section using unobligated funds otherwise made available to the Administration.
Inserted: (2) Sense of the senate.--It is the sense of the Senate that no additional funds should be made available to the Administration to carry out this section.
Original wording
At the end, add the following:
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As printed
SA 3684. Mr. BOOZMAN submitted an amendment intended to be proposed by him to the bill S. 2569, to provide an incentive for businesses to bring jobs back to America; which was ordered to lie on the table; as follows:
At the end, add the following:
SEC. 4. SMALL BUSINESS ADMINISTRATION STUDY ON THE COST OF FEDERAL REGULATIONS.
(a) Definition.--In this section--
(1) the terms “Administration” and “Administrator” mean the Small Business Administration and the Administrator thereof;
(2) the term “major rule” has the meaning given that term under section 804 of title 5, United States Code; and
(3) the term “small business concern” has the meaning given that term under in section 3 of the Small Business Act (15 U.S.C. 632).
(b) Study.--Not later than 1 year after the date of enactment of this Act, and every year thereafter, the Administrator shall conduct a study on the total cost, including job losses, of Federal regulations to small business concerns.
(c) Requirement.--In conducting each study required under subsection (b), the Administrator shall use the best available estimates of the costs and the benefits, including estimates produced in accordance with Executive Order 12866 (5 U.S.C. 601 note; relating to regulatory planning and review), disaggregated by each agency issuing a major rule, of--
(1) each major rule promulgated during the year covered by the study that resulted in a net cost to small business concerns; and
(2) the cumulative costs of such major rules.
(d) Report.--Not later than 90 days after completing a study required under subsection (b), the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report, which shall include--
(1) the findings of the study; and
(2) for each study completed after the first study, the increase in the total cost of Federal regulations to small business concerns above the total cost included in the report for the preceding year.
(e) Funding.--
(1) In general.--The Administrator shall carry out this section using unobligated funds otherwise made available to the Administration.
(2) Sense of the senate.--It is the sense of the Senate that no additional funds should be made available to the Administration to carry out this section.
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Senate amendment submitted
July 24, 2014