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Code · STATUTE-COMPILATIONS · provide for improvements to the rivers and harbors of the United States, to provide for the conservation and development of water and related resources, to provide for water pollution control activiti · Sec. 1204

Sec. 1204. GAO STUDY ON BENEFIT-COST ANALYSIS REFORMS

181 words·~1 min read·/statute-compilations/comps-15473/sec-1204

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## SEC. 1204 GAO STUDY ON BENEFIT-COST ANALYSIS REFORMS Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall— ####
(1)conduct a study on the benefit-cost procedures of the Secretary and the Director of the Office of Management and Budget (referred to in this section as the “Director”), including— #####
(A)an examination of the benefits and costs that the Secretary and the Director do and do not include in the benefit-cost calculation, including, at a minimum, local and regional economic benefits; and #####
(B)a review of the calculation, if any, of navigation benefits used in a benefit-cost calculation for a non-commercial harbor that is used by a State maritime academy (as defined in section 51102 of title 46, United States Code) for military training purposes; and ####
(2)submit to Congress a report that— #####
(A)describes the results of the study under paragraph (1); and #####
(B)includes recommendations for legislative or regulatory changes to improve the benefit-cost analysis procedures of the Secretary and the Director.
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