[Appendix]
[Other Materials]
[Supplemental Proposals]
[From the U.S. Government Printing Office, www.gpo.gov]


                     THE BUDGET FOR FISCAL YEAR 2002

 
                          SUPPLEMENTAL PROPOSAL

    The following information concerns a supplemental appropriations 
request for 2001 proposed for congressional consideration.

                           Legislative Branch

                        GENERAL ACCOUNTING OFFICE

                          Salaries and Expenses

           (Supplemental now requested, existing legislation)

    For an additional amount for necessary expenses of the Truth in 
Regulating Act of 2000 (P.L. 106-312), $2,600,000, to remain available 
until September 30, 2003.

               Program and Financing (in millions of dollars)

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Identification code 05-0107-1-1-801      2000 actual   2001 est.   2002 est.
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    Obligations by program activity:
00.30 Truth in Regulating Act...........                       3
                                           ---------   ---------  ----------
10.00   Total new obligations (object 
          class 25.1)...................                       3
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    Budgetary resources available for obligation:
22.00 New budget authority (gross)......                       3
23.95 Total new obligations.............                      -3
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    New budget authority (gross), detail:
      Discretionary:

40.00   Appropriation...................                       3
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    Change in unpaid obligations:
73.10 Total new obligations.............                       3
73.20 Total outlays (gross).............                      -3
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    Outlays (gross), detail:
86.90 Outlays from new discretionary 
        authority.......................                       3
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    Net budget authority and outlays:
89.00 Budget authority..................                       3
90.00 Outlays...........................                       3
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    The Truth in Regulating Act of 2000, P.L. 106-312, authorizes the 
General Accounting Office to conduct a three-year pilot project. The Act 
provides that, when a Federal agency publishes an economically 
significant rule, a chairman or ranking member of a committee of 
jurisdiction of either House of Congress may request the Comptroller 
General to review such rule. An ``economically significant rule'' is 
defined to mean any proposal or final rule, including an interim or 
direct final rule, that may have an annual effect on the economy of $100 
million or more, or adversely affect in a material way the economy, a 
sector of the economy, productivity, competition, jobs, the environment, 
public health or safety, or State, local, or Tribal governments or 
communities.

    The Act requires the Comptroller General to submit a report on each 
rule reviewed within 180 calendar days after receiving the request. The 
report should include an independent evaluation of the agency's analysis 
of the potential costs and benefits of the rule and alternative 
approaches. Additionally, the report should include an evaluation of any 
regulatory impact analysis, federalism assessment, of other analysis or 
assessment prepared by the agency or required for the rule. The 
Comptroller General is given the discretion to develop procedures for 
determining the priority and number of requests for review.

    The Act is effective 90 days after the date of enactment. The pilot 
project continues for three years provided that in each fiscal year or 
portion thereof, a specific annual appropriation of at least $5 million 
or the prorated equivalent is made for the pilot project.
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