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CONGRESSIONAL BUDGET OFFICE COST ESTIMATE H.R. 2542 Regulatory Flexibility Improvements Act of 2013

CONGRESSIONAL BUDGET OFFICE COST ESTIMATE H.R. 2542 Regulatory Flexibility Improvements Act of 2013

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Published by nalgrstealth
H.R. 2542 would amend the Regulatory Flexibility Act (RFA) by expanding the number
of rules covered by the RFA and requiring agencies to perform additional analysis of
regulations that affect small businesses. The legislation also would provide new
authorities to the Small Business Administration’s (SBA’s) Office of Advocacy to
intervene and provide support for agency rulemaking.
CBO estimates that implementing H.R. 2542 would cost $45 million over the 2014-2018
period to expand the RFA, assuming appropriation of the necessary funds. Enacting the
bill could affect direct spending by agencies not funded through annual appropriations;
therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net
increase in spending by those agencies would not be significant. Enacting H.R. 2542
would not affect revenues.
H.R. 2542 would amend the Regulatory Flexibility Act (RFA) by expanding the number
of rules covered by the RFA and requiring agencies to perform additional analysis of
regulations that affect small businesses. The legislation also would provide new
authorities to the Small Business Administration’s (SBA’s) Office of Advocacy to
intervene and provide support for agency rulemaking.
CBO estimates that implementing H.R. 2542 would cost $45 million over the 2014-2018
period to expand the RFA, assuming appropriation of the necessary funds. Enacting the
bill could affect direct spending by agencies not funded through annual appropriations;
therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net
increase in spending by those agencies would not be significant. Enacting H.R. 2542
would not affect revenues.

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Published by: nalgrstealth on Sep 10, 2013
Copyright:Attribution Non-commercial

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