A bill to provide that no regulation establishing a uniform reporting system for a type of health care institution shall be effective until 120 days after a regulatory analysis for the regulation, or a determination that such an analysis is not required, has been made under Executive Order 12044, and for other purposes.

States that no regulation, established by the Secretary of Health, Education, and Welfare under provisions of part A (General Provisions) of title XI of the Social Security Act which requires uniform reporting on costs, services, and assets for health services facilities and organizations to which payment may be made under such Act, shall be effective until 120 days after a regulatory analysis, or a determination that such analysis is not required, has been made under the Executive Order requiring an analysis of regulations identified as having major economic consequences for the general economy, individual industries, geographical regions, or government.