§ 1511. — Cost of regulations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 2USC1511]
TITLE 2--THE CONGRESS
CHAPTER 25--UNFUNDED MANDATES REFORM
SUBCHAPTER I--LEGISLATIVE ACCOUNTABILITY AND REFORM
Sec. 1511. Cost of regulations
(a) Sense of Congress
It is the sense of the Congress that Federal agencies should review
and evaluate planned regulations to ensure that the cost estimates
provided by the Congressional Budget Office will be carefully considered
as regulations are promulgated.
(b) Statement of cost
At the request of a committee chairman or ranking minority member,
the Director shall, to the extent practicable, prepare a comparison
between--
(1) an estimate by the relevant agency, prepared under section
1532 of this title, of the costs of regulations implementing an Act
containing a Federal mandate; and
(2) the cost estimate prepared by the Congressional Budget
Office for such Act when it was enacted by the Congress.
(c) Cooperation of Office of Management and Budget
At the request of the Director of the Congressional Budget Office,
the Director of the Office of Management and Budget shall provide data
and cost estimates for regulations implementing an Act containing a
Federal mandate covered by part B of title IV of the Congressional
Budget and Impoundment Control Act of 1974 [2 U.S.C. 658 et seq.].
(Pub. L. 104-4, title I, Sec. 103, Mar. 22, 1995, 109 Stat. 62.)
References in Text
The Congressional Budget and Impoundment Control Act of 1974,
referred to in subsec. (c), is Pub. L. 93-344, July 12, 1974, 88 Stat.
297, as amended. Part B of title IV of the Act is classified generally
to part B (Sec. 658 et seq.) of subchapter II of chapter 17A of this
title. For complete classification of this Act to the Code, see Short
Title note set out under section 621 of this title and Tables.
Effective Date
Section 110 of title I of Pub. L. 104-4 provided that: ``This title
[enacting this subchapter and sections 658 to 658g of this title and
amending sections 602, 632, and 653 of this title] shall take effect on
January 1, 1996 or on the date 90 days after appropriations are made
available as authorized under section 109 [section 1516 of this title],
whichever is earlier and shall apply to legislation considered on and
after such date.''
