Regulation News

May 17, 2013

Yesterday, the Bureau of Land Management (BLM) released the second version of its proposed fracking rule.  AAF reviewed the first iteration here, and noted that in some cases, the first proposal’s costs exceeded benefits by a factor of five.  The most recent version drastically cuts costs “while providing the same benefits,” according to the proposed rule.   

May 17, 2013

This week regulators added $284 million in costs and 3.8 million paperwork burden hours.  The largest measure was a proposed rule from the Consumer Product Safety Commission (CPSC) amending existing regulations on certificates of compliance.           

Regulatory Toplines

May 14, 2013

Later this week, the House of Representatives will take up H.R. 1062, or “The SEC Regulatory Accountability Act.” The bill, authored by Representative Scott Garrett (R-NJ), would require the Securities and Exchange Commission (SEC) to provide more comprehensive cost-benefit analyses in its regulations and to undergo a retrospective review of regulations already on the books. The bill currently has 23 co-sponsors.

May 10, 2013

Aggregate regulatory costs were once again stagnant this week, although the administration did publish three Affordable Care Act (ACA) proposed rules.  Paperwork hours actually declined by 612,000 hours because of two proposals to end and consolidate collections.         

Regulatory Toplines

May 10, 2013

Publication Dates of the Unified Agenda of Federal Regulation

Year

Spring Edition