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Executive Order 12866 in the United States, issued by President Clinton in 1993, requires a cost–benefit analysis for any new regulation that is "economically significant", which is defined as having "an annual effect on the economy of $100 million or more or adversely affect[ing] in a material way the economy, a sector of the economy, productivity, competition, [or] jobs," or creating an ...
The Office of Information and Regulatory Affairs (OIRA / oʊ ˈ aɪ r ə / oh-EYE-rə) is a division within the Office of Management and Budget under the Executive Office of the President. OIRA oversees the implementation of government-wide policies in, and reviews draft regulations under, Executive Order 12866 , the Paperwork Reduction Act ...
The degree to which the President has the power to use executive orders to set policy for independent executive agencies is disputed. [4] Many orders specifically exempt independent agencies, but some do not. [5] Executive Order 12866 has been a particular matter of controversy; it requires cost-benefit analysis for certain regulatory actions ...
The federal government maintains a “regulatory agenda” of all regulations under development by executive branch agencies. [1] The requirement to list rules likely to have a significant economic impact on a substantial number of small entities arises under statute, [1] and the requirement to list all other rules arises under Executive Order 12866 § 4(b).
A few weeks later, President Bill Clinton issued Executive Order 12866, "Regulatory Planning and Review", designed, among other things, to ease the regulatory burden on small firms. [ 11 ] The order required federal agencies to analyze their major regulatory undertakings and to take action to ensure that these regulations achieved the desired ...
Executive Order 12866, which was issued in 1993, requires agencies (other than independent agencies) to submit proposed rules for reviews by the Office of Information and Regulatory Affairs if the rule meets certain criteria. [36]
Executive Order 12866; Executive Order 12999; Executive Order 13126; Executive Order 13175 This page was last edited on 22 April 2024, at 06:27 (UTC). Text is ...
The Paperwork Reduction Act of 1980 (Pub. L. No. 96-511, 94 Stat. 2812, codified at 44 U.S.C. §§ 3501–3521) is a United States federal law enacted in 1980 designed to reduce the total amount of paperwork burden the federal government imposes on private businesses and citizens.