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H.R. 1009, OIRA Insight, Reform, and Accountability Act 1 (February 27, 2017)

handle is hein.congrec/cbo3336 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE February 27, 2017 H.R. 1009 OIRA Insight, Reform, and Accountability Act As ordered reported by the House Committee on Oversight and Government Reform on February 14, 2017 SUMMARY H.R. 1009 would codify many executive orders and practices of the federal government related to the process of issuing federal regulations. The legislation also would expand the role of the Office of Information and Regulatory Affairs (OIRA) in the regulatory process and authorize OIRA to review rules proposed by certain independent federal agencies. CBO estimates that implementing the bill would increase administrative costs to OIRA and federal agencies by a total of $20 million over the 2018-2022 period; such spending would be subject to the availability of appropriated funds. CBO estimates that enacting the bill would increase direct spending by $3 million over the 2018-2027 period and would reduce revenues by $2 million over the same period. Because the bill would affect revenues and direct spending, pay-as-you-go procedures apply. CBO also expects that enacting H.R. 1009 could delay the issuance of some rules. However, because of the large number and variety of federal rules issued each year, CBO cannot determine whether a delay in the effective date of some rules would have a cost or savings to the federal government. CBO estimates that enacting H.R. 1009 would not increase net direct spending or on-budget deficits by more than $5 billion in one or more of the four consecutive 10-year periods beginning in 2028. H.R. 1009 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.

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