Page:Title 3 CFR 2007 Compilation.djvu/191

 EXECUTIVE ORDERS Executive Order 13422 of January 18, 2007 Further Amendment to Executive Order 12866 on Regulatory Planning and Review By the authority vested in me as President by the Constitution and laws of the United States of America, it is hereby ordered that Executive Order 12866 of September 30, 1993, as amended, is further amended as follows: Section 1. Section \177 is amended as follows: (a) Section \177(b)(\177) is amended to read as follows: "(\177) Each agency shall identify in writing the specific market failure (such as externalides, market power, lack of information) or other spe- cific problem that it intends to address (including, where applicable, the failures of public institutions) that warrant new agency action, as well as assess the significance of that problem, to enable assessment of wheth- er any new regulation is warranted." (b) by inserting in section l(b)(7) after "regulation" the words "or guid- ance document". (c) by inserting in section \177(b)(\1770) in both places after "regulations" the words "and guidance documents". (d) by inserting in section \177(b)(\177l) after "its regulations" the words "and guidance documents". (e) by inserting in section \177(b)(\1772) after "regulations" the words "and guidance documents". Sec. 2. Section 2 is amended as follows: (a) by inserting in section 2(a) in both places after "regulations" the words "and guidance documents". (b) by inserting in section 2(b) in both places after "regulations" the words "and guidance documents". Sec. 3. Section 3 is amended as follows: (a) by striking in section 3(d) "or 'rule' "after" 'Regulation' "; (b) by striking in section 3(d)(l) "or rules" after "Regulations"; (c) by striking in section 3(d)(2) "or rules" after "Regulations";

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