A bill to require the Environmental Protection Agency and all other Federal regulatory agencies to evaluate, prior to the issuance of a regulation, the potential economic effect and environmental impact of such regulations.
Truth-in-Regulation Act of 1981 - Requires the Environmental Protection Agency and all Federal regulatory agencies to prepare for each rule promulgated: (1) a statement comparing the economic costs to private industries with the benefit such rule would have on the environment; and (2) an environmental impact statement. Establishes standing task forces in each community affected by proposed agency rules to assess the economic and employment impact of each such rule.
Requires Congressional approval, by joint resolution, of any rule causing an increase in unemployment in the private industries to be directly affected.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Executive Comment Requested from OMB, EPA.
Referred to Subcommittee on Legislation and National Security.
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