[Federal Register Volume 68, Number 196 (Thursday, October 9, 2003)]
[Notices]
[Page 58366]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-25606]


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OFFICE OF MANAGEMENT AND BUDGET


Circular A-4, Regulatory Analysis

AGENCY: Office of Management and Budget, Executive Office of the 
President.

ACTION: Notice.

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SUMMARY: OMB announces the issuance of Circular A-4, Regulatory 
Analysis. This Circular provides the Office of Management and Budget's 
(OMB's) guidance to Federal agencies on the development of regulatory 
analysis as required under Section 6(a)(3)(c) of Executive Order 12866, 
``Regulatory Planning and Review,'' the Regulatory Right-to-Know Act, 
and a variety of related authorities. The Circular also provides 
guidance to agencies on the regulatory accounting statements that are 
required under the Regulatory Right-to-Know Act. The new Circular can 
be accessed through the OMB Web site (http://www.whitehouse.gov/omb/circulars/index.html).
    This Circular refines OMB's ``best practices'' document of 1996 
(http://www.whitehouse.gov/omb/inforeg/riaguide.html), which was issued 
as a guidance in 2000 (http://www.whitehouse.gov/omb/memoranda/m00-08.pdf), and reaffirmed in 2001 (http://www.whitehouse.gov/omb/memoranda/m01-23.html). It replaces both the 1996 ``best practices'' 
and the 2000 guidance.
    The effective date of this Circular is January 1, 2004 for 
regulatory analyses received by OMB in support of proposed rules, and 
January 1, 2005 for regulatory analyses received by OMB in support of 
final rules. In other words, this Circular applies to the regulatory 
analyses for draft proposed rules that are formally submitted to OIRA 
after December 31, 2003, and for draft final rules that are formally 
submitted to OIRA after December 31, 2004. (However, if the draft 
proposed rule is subject to the Circular, then the draft final rule 
will also be subject to the Circular, even if it is submitted prior to 
January 1, 2005.) To the extent practicable, agencies should comply 
earlier than these effective dates. Agencies may, on a case-by-case 
basis, seek a waiver from OMB if these effective dates are impractical.
    A draft of this Circular was developed by OMB and the Council of 
Economic Advisors (CEA). The draft was subject to public comment, 
external peer review, and interagency review.

FOR FURTHER INFORMATION CONTACT: Keith Belton, Office of Information 
and Regulatory Affairs, Office of Management and Budget, 725 17th 
Street, NW., New Executive Office Building, Room 10201, Washington, DC 
20503 (tel. (202) 395-4815).

John D. Graham,
Administrator, Office of Information and Regulatory Affairs.
[FR Doc. 03-25606 Filed 10-8-03; 8:45 am]
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