Amendment adds consideration of unfunded mandates to the Commission's review of rules.

1. 1

   Change 1: Inserts “or unfunded mandates” after “paperwork burdens”

   InsertsPage 10, line 13Printed page

   In H.R. 1155 · Introduced in House

   (h) Duties of the Commission.--

   (1) In general.--The Commission shall conduct a review of the Code of Federal Regulations to identify rules and sets of rules that collectively implement a regulatory program that should be repealed to lower the cost of regulation to the economy. The Commission shall give priority in the review to rules or sets of rules that are major rules or include major rules, have been in effect more than 15 years, impose paperwork burdens [inserted: or unfunded mandates ]that could be reduced substantially without significantly diminishing regulatory effectiveness, impose disproportionately high costs on entities that qualify as small entities within the meaning of section 601(6) of title 5, United States Code, or could be strengthened in their effectiveness while reducing regulatory costs. The Commission shall have as a goal of the Commission to achieve a reduction of at least 15 percent in the cumulative costs of Federal regulation with a minimal reduction in the overall effectiveness of such regulation.

   (2) Nature of review.--To identify which rules and sets of rules should be repealed to lower the cost of regulation to the economy, the Commission shall apply the following criteria:

   Original wording

   Page 10, line 13, insert after “paperwork burdens” the following “or unfunded mandates”.

2. 2

   Change 2: Inserts “, imposition of unfunded mandates,” after “enforcement”

   InsertsPage 11, line 12Printed page

   In H.R. 1155 · Introduced in House

   (A) Whether the original purpose of the rule or set of rules was achieved, and the rule or set of rules could be repealed without significant recurrence of adverse effects or conduct that the rule or set of rules was intended to prevent or reduce.

   (B) Whether the implementation, compliance, administration, enforcement[struck: ][inserted: , imposition of unfunded mandates, ]or other costs of the rule or set of rules to the economy are not justified by the benefits to society within the United States produced by the expenditure of those costs.

   (C) Whether the rule or set of rules has been rendered unnecessary or obsolete, taking into consideration the length of time since the rule was made and the degree to which technology, economic conditions, market practices, or other relevant factors have changed in the subject area affected by the rule or set of rules.

   Original wording

   Page 11, line 12, insert after “enforcement” the following: “, imposition of unfunded mandates,”.

3. 3

   Change 3: Inserts “, imposes unfunded mandates,” after “excessive compliance costs”

   InsertsPage 12, line 9Printed page

   In H.R. 1155 · Introduced in House

   (E) Whether the rule or set of rules overlaps, duplicates, or conflicts with other Federal rules, and to the extent feasible, with State and local governmental rules.

   (F) Whether the rule or set of rules has excessive compliance costs[struck: ][inserted: , imposes unfunded mandates, ]or is otherwise excessively burdensome, as compared to alternatives that--

   (i) specify performance objectives rather than conduct or manners of compliance;

   Original wording

   Page 12, line 9, insert after “ excessive compliance costs” the following: “, imposes unfunded mandates,”.

4. 4

   Change 4: Inserts new text on page 25, line 4

   InsertsPrinted page

   Inserted: (n) Definition.--In this section, the term "unfunded mandate" has the meaning given the term "Federal mandate" in section 421(6) of the Congressional Budget Act of 1974 (2 U.S.C. 658(6)).

   Original wording

   Page 25, insert after line 4 the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed