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PAD-77-66 1 (1977-06-15)

handle is hein.gao/gaobaaaka0001 and id is 1 raw text is: r,9 •j~ COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON. D.C. 2054 B-170612 JUN 5 1977 The Honorable Jack Brooks, Chairman Committee on Governmcnt Operations Housi of Representatives Dear Mr. Chairman: This is in response to your request for ourviews on H.R. 95th Congress, a bill to establish national policies to promote the adoption of Government programs which can be expected to provide the greatest net public benefit and to prevent Government programs from having unreasonable public costs; to establish a system requiring regulatory cost/ benefit assessments to be prepared for any proposed legislation or regula- tion which may have a significant economic impact; and for other purposes. The bill would require that Federal agencies prepare, in consultation with the Office of Management and Budget cost/benefit assessments on any legislation or regulation proposed by the agency which may have significant impact on costs to the public. Section 8 of the bill would also require that congressional committees cause cost/benefit assessments to be prepared for legislation which they report.*/ The assessments are required to set forth direct and indirect costs and benefits to the public, evaluate the relationship of the costs and the benefits, and provide reasonable alter- natives to t4le proposals including an evaluation of their respective costs and benefits to the public. We believe that the basic intent of the bill--to promote programs which provide the greatest net public benefit and to prevent these programs from having unreasonable public costs--is commendable and desirable. However, the bill is unclear as to the criteria to be used to determine whether particular proposed legislation or regulations would have a significant impact on costs to the public and thereby require the preparation of cost/ benefit assessments. We believe that the inclusion of such criteria is essential, in view of the large volume of legislation and regulations pro- posed each year which might reasonably be considered as having a significant impact on costs to the public. */ It appears that the reference in section 8 (page 11, line 10) should be to section 4(a) of the bill. PAD-77-66

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