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H.R. 1155, SCRUB Act of 2015 1 (May 8, 2015)

handle is hein.congrec/cbo2240 and id is 1 raw text is: Cb CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 8, 2015 H.R. 1155 SCRUB Act of 2015 As ordered reported by the House Committee on the Judiciary on March 24, 2015 SUMMARY H.R. 1155 would establish a commission to review existing federal regulations and identify those that should be repealed to reduce the cost of regulations on the economy. In addition, the legislation would require agencies to review all regulations within 10 years. Finally, H.R. 1155 would authorize the appropriation of up to $30 million to fund the commission. CBO estimates that, assuming appropriation of the specified amounts, implementing H.R. 1155 would cost $30 million over the 2016-2020 period to operate the commission. Because any changes to current regulations would be subject to future congressional action, CBO estimates that enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 1155 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 1155 is shown in the following table. The costs of this legislation fall within function 800 (general government) and all budget functions that include funding for agencies that issue regulations.

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