Regulatory risk assessment bill drops petition provision; bill passes House.
This article was originally published in The Rose Sheet
Executive Summary
REGULATORY RISK ASSESSMENT BILL DROPS PETITION PROVISION that would have given private parties the right to petition agencies to review existing regulations in light of the cost-benefit analysis requirements of the bill. The petition provision, which was included in some earlier incarnations of the bill, was dropped from the floor version of "The Risk Assessment and Cost-Benefit Act" (HR 1022). An amendment by Rep. Joe Barton (R-TX) to reintroduce the provision was defeated Feb. 28.