Senate Slows Down Controversial Cost-Benefit Analysis Bill

Law360, New York (November 15, 2012, 6:41 PM EST) -- A key U.S. Senate committee canceled the markup of a controversial bill requiring regulatory agencies to submit all rules to cost-benefit analysis by the White House so it can be discussed in a hearing, a panel spokeswoman said Thursday, a move expected to slow the bill's progress but considered unlikely to derail it.

The Independent Agency Regulatory Analysis Act, S. 3468, would allow the president to force any independent regulators to submit new rules that could have an economic impact of $100 million or more to the Office of Information and Regulatory Affairs for further cost-benefit analysis. It had been fast-tracked...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS