Sec. 315. Cost-benefit analysis
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/bill/115/s/3357/is/section-315A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section, the terms agency and regulation have the meanings given those terms in section 3 of Executive Order 12866 ( 5 U.S.C. 601 note; relating to regulatory planning and review). If an agency is performing a cost-benefit analysis in the course of issuing a regulation, the agency shall— take into account the benefits of the regulation to the public, including the nonquantifiable benefits of the regulation; and adopt a regulation that prioritizes benefits to the public, including nonquantifiable benefits.
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