[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Pages S1934-S1935]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 827. Mr. HATCH submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 11, setting forth the 
congressional budget for the United States Government for fiscal year 
2016 and setting forth the appropriate budgetary levels for fiscal 
years 2017 through 2025; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. ___. SPENDING-NEUTRAL RESERVE FUND RELATING TO REFORMING 
                   THE FEDERAL REGULATORY PROCESS.

       The Chairman of the Committee on the Budget of the Senate 
     may revise the allocations of a committee or committees, 
     aggregates, and other appropriate levels in this resolution 
     for one or more bills, joint resolutions, amendments, 
     amendments between the Houses, motions, or conference reports 
     relating to--
       (1) creating an effective mechanism for the review of the 
     existing Federal regulatory burden to identify rules for 
     repeal or modification that--
       (A) impose paperwork burdens that could be reduced 
     substantially without significantly diminishing regulatory 
     effectiveness;
       (B) impose disproportionately high costs on small 
     businesses;
       (C) could be strengthened in their effectiveness while 
     reducing regulatory costs;
       (D) have been rendered obsolete by technological or market 
     changes;
       (E) have achieved their goals and can be repealed without 
     target problems recurring;
       (F) impose the greatest opportunity costs in terms of 
     economic growth;
       (G) are ineffective;

[[Page S1935]]

       (H) overlap, duplicate, or conflict with other Federal 
     regulations or with State or local regulations; or
       (I) impose costs that are not justified by benefits 
     produced for society within the United States;
       (2) reforming the process by which new regulations are made 
     by Federal agencies, including independent agencies, for the 
     purposes of--
       (A) prioritizing early public outreach in the rulemaking 
     process;
       (B) ensuring the use of the best available scientific, 
     economic, and technical data;
       (C) preventing the misuse of guidance documents to skirt 
     public input;
       (D) ensuring the use of best practices for regulatory 
     analysis, including cost-benefit analysis, into each step of 
     the rulemaking process;
       (E) facilitating the adoption by Federal agencies of the 
     least costly regulatory alternative that would achieve the 
     goals of the statutory authorization;
       (F) ensuring more careful consideration of proposed high-
     cost rules;
       (G) ensuring effective oversight of the Federal regulatory 
     program, including independent regulatory commissions, by the 
     Office of Information and Regulatory Affairs;
       (H) improving the consideration of adverse impacts on small 
     businesses;
       (I) providing greater transparency in the rulemaking 
     process; and
       (J) improving compliance with section 515 of the Treasury 
     and General Government Appropriations Act for Fiscal Year 
     2001 (Public Law 106-554; 114 Stat. 2736A-153) (commonly 
     known as the ``Information Quality Act''), the Unfunded 
     Mandates Reform Act of 1995 (2 U.S.C. 1501 et seq.), and 
     chapter 6 of title 5, United States Code (commonly known as 
     the ``Regulatory Flexibility Act'');
       (3) enhancing accountability by facilitating fair and 
     effective judicial review of agency actions; and
       (4) ensuring that Congress can effectively exercise its 
     appropriate role in the regulatory process through 
     legislation and oversight;
     by the amounts provided in such legislation for those 
     purposes, provided that such legislation would not raise new 
     revenue and would not increase the deficit over either the 
     period of the total of fiscal years 2016 through 2020 or the 
     period of the total of fiscal years 2016 through 2025.
                                 ______