Verifying Agencies' Lasting Use of Expenditures Act of 2013 or the VALUE Act of 2013 - Requires a federal agency, when making a rule, to: (1) clearly identify the nature and source of the problem that the proposed rule is designed to address, (2) assess the costs and benefits of the rule, and (3) identify and assess available alternatives to the rule.
Allows a rule that does not meet such requirements to take effect temporarily only if the President makes a determination by executive order that such rule is: (1) necessary because of an imminent threat to health or safety or other emergency, (2) necessary for the enforcement of criminal laws, (3) necessary for national security, or (4) issued to implement an international trade agreement.
Requires the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget (OMB), every five years, to: (1) review the rules of each agency; (2) assess the costs and benefits of such rules to determine whether any such rules are outmoded, ineffective, insufficient, or excessively burdensome; and (3) report to the head of each agency on such review.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3341 Introduced in House (IH)]
113th CONGRESS
1st Session
H. R. 3341
To amend title 5, United States Code, to provide for the consideration
of costs and benefits during rule making and for the review of existing
rules.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 24, 2013
Mr. Kingston introduced the following bill; which was referred to the
Committee on the Judiciary
_______________________________________________________________________
A BILL
To amend title 5, United States Code, to provide for the consideration
of costs and benefits during rule making and for the review of existing
rules.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Verifying Agencies' Lasting Use of
Expenditures Act of 2013'' or the ``VALUE Act of 2013''.
SEC. 2. CONSIDERATION OF COSTS AND BENEFITS DURING RULE MAKING.
Chapter 5 of title 5, United States Code, is amended by inserting
after section 553 the following:
``Sec. 553a. Consideration of costs and benefits during rule making;
review of existing rules.
``(a) This section applies in the case of a rule for which an
agency is required to follow the procedures under section 553.
``(b) An agency, when making a rule, shall--
``(1) clearly identify the nature and source of the problem
that the proposed rule is designed to address, as well as
assess the significance of that problem, to enable assessment
of whether any new rule is warranted;
``(2) assess the costs and benefits of the rule, both
qualitative and quantitative, and propose a rule only on a
reasoned determination that the benefits of the rule justify
the costs of the rule; and
``(3) identify and assess available alternatives to the
rule that were considered, including amending an existing rule
and not regulating, together with an explanation of why the
rule meets the regulatory objectives more effectively than the
alternatives.
``(c) Notwithstanding any other provision of law, a rule may not
take effect unless an agency complies with subsection (b), except as
provided in subsection (d).
``(d)(1) Notwithstanding any other provision of this section, if
the President makes a determination under paragraph (2) and submits
written notice of such determination to the Congress, a rule that would
not take effect by reason of subsection (c) may take effect for a
period of 120 days beginning on the date that the President makes a
determination under paragraph (2).
``(2) Paragraph (1) applies to a determination made by the
President by Executive order that the rule should take effect because
such rule is--
``(A) necessary because of an imminent threat to health or
safety or other emergency;
``(B) necessary for the enforcement of criminal laws;
``(C) necessary for national security; or
``(D) issued pursuant to any statute implementing an
international trade agreement.
``(e)(1) Not later than 5 years after the date of the enactment of
the Verifying Agencies' Lasting Use of Expenditures Act of 2013, and
every 5 years thereafter, the Administrator of the Office of
Information and Regulatory Affairs of the Office of Management and
Budget shall--
``(A) review the rules of each agency and assess the costs
and benefits of such rules to determine whether any such rules
are outmoded, ineffective, insufficient, or excessively
burdensome; and
``(B) submit a report to the head of each agency regarding
the review conducted under subparagraph (A) of that agency's
rules.
``(2) Upon receiving a report under paragraph (1)(B), the head of
an agency shall modify, streamline, or repeal any rules that the
Administrator finds are outmoded, ineffective, insufficient, or
excessively burdensome in accordance with such report.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
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