Sec. 17. Cost-benefit analysis
128 words·~1 min read·
/bill/117/hr/9390/ih/section-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If an agency is performing a cost-benefit or regulatory impact analysis in the course of issuing a rule, the agency shall— take into account the benefits of the rule to the public, including the nonquantifiable benefits of the rule; and except for good cause shown, prioritize adoption of a rule that provides benefits to the public, including nonquantifiable benefits. An agency shall agency shall take into account distributional effects and the social equity impact of a rule when issuing such rule.
Section 706 of title 5, United States Code, is amended by adding at the end the following: When acting under paragraph (2)(A), the court shall not require an agency to demonstrate that the challenged action meets a cost-benefit analysis standard except where explicitly required by law. .