An amendment numbered 3 printed in Part A of House Report 115-2 to require an agency to include an economic assessment or a summary of it when an agency certifies that a proposed rule will not have a `significant economic impact on a substantial number of small entities' under the Regulatory Flexibility Act. This will ensure an agency's decision to certify a rule and not conduct a full regulatory flexibility analysis is supported by data.

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Amendment Number
18
Description
An amendment numbered 3 printed in Part A of House Report 115-2 to require an agency to include an economic assessment or a summary of it when an agency certifies that a proposed rule will not have a `significant economic impact on a substantial number of small entities' under the Regulatory Flexibility Act. This will ensure an agency's decision to certify a rule and not conduct a full regulatory flexibility analysis is supported by data.
Purpose
Amendment to require an agency to include an economic assessment or a summary of it when an agency certifies that a proposed rule will not have a 'significant economic impact on a substantial number of small entities' under the Regulatory Flexibility Act. This will ensure an agency's decision to certify a rule and not conduct a full regulatory flexibility analysis is supported by data.
Congress
115
Type
HAMDT
Latest Action Date
Jan 11, 2017
Latest Action Text
On agreeing to the Chabot amendment (A003) Agreed to by voice vote.
Latest Action Time
15:39:23
Submitted Date
Jan 11, 2017
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 18 — Informed