IN THE SENATE OF THE UNITED STATES
March 12, 2013
Mr. Rubiointroduced the following bill; which was read twice and referred to theCommittee on Homeland Security and Governmental Affairs
To require a study and report by the Comptroller General of the United States regarding the costs of Federal regulations.
This Act may be cited as the
Regulation Costs to America
GAO study on the cost of federal regulations
TheComptroller General of the United Statesshall conduct an annual study of the total costs of Federal regulations.
conducting the study required undersubsection (a), theComptroller General of
the United Statesshall use a methodology substantially similar to the
methodology used in conducting the study described in the report entitled
The Impact of Regulatory Costs on Small Firms(September 2010),
prepared on behalf of theOffice of Advocacy of the Small Business
Not later than 1 year after the date of enactment of this Act, and every year thereafter, theComptroller General of the United Statesshall submit toCongressa report on the findings of the study conducted undersubsection (a), which shall include an estimate of the total annual costs of Federal regulations by agency, as such term is defined in section 551of title 5, United States Code.
TheGeneral Accountability Officeshall carry out this section using unobligated funds otherwise made available to theGeneral Accountability Office.
Sense of Congress
It is the sense ofCongressthat no additional funds should be made available to carry out this section.