Page:United States Statutes at Large Volume 114 Part 2.djvu/367

 PUBLIC LAW 10&-312—OCT. 17, 2000 114 STAT. 1249 may request the Comptroller General of the United States to review the rule. (2) REPORT. —The Comptroller General shall submit a report on each economically significant rule selected under paragraph (4) to the committees of jurisdiction in each House Deadline, of Congress not later than 180 calendar days after a committee request is received. The report shall include an independent evaluation of the economically significant rule by the Comptroller General. (3) INDEPENDENT EVALUATION.— The independent evaluation of the economically significant rule by the Comptroller General under paragraph (2) shall include— (A) an evaluation of the agency's analysis of the potential benefits of the rule, including any beneficial effects that cannot be quantified in monetary terms and the identification of the persons or entities likely to receive the benefits; (B) an evaluation of the agency's analysis of the potential costs of the rule, including any adverse effects that cannot be quantified in monetary terms and the identification of the persons or entities likely to bear the costs; (C) an evaluation of the agency's analysis of alternative approaches set forth in the notice of proposed rulemaking and in the rulemaking record, as well as of any regulatory impact analysis, federalism assessment, or other analysis or assessment prepared by the agency or required for the economically significant rule; and (D) a summary of the results of the evaluation of the Comptroller General and the implications of those results. (4) PROCEDURES FOR PRIORITIES OF REQUESTS.— The Comptroller General shall have discretion to develop procedures for determining the priority and number of requests for review under paragraph (1) for which a report will be submitted under paragraph (2). (b) AUTHORITY OF COMPTROLLER GENERAL. —Each agency shall promptly cooperate with the Comptroller General in carrying out this Act. Nothing in this Act is intended to expand or limit the authority of the General Accounting Office. SEC. 5. AUTHORIZATION OF APPROPRIATIONS. 5 USC 801 note. There are authorized to be appropriated to the General Accounting Office to carry out this Act $5,200,000 for each of fiscal years 2000 through 2002. SEC. 6. EFFECTIVE DATE AND DURATION OF PILOT PROJECT. 5 USC 801 note. (a) EFFECTIVE DATE. —This Act and the amendments made by this Act shall take effect 90 days after the date of enactment of this Act. (b) DURATION OF PILOT PROJECT.The pilot project under this Act shall continue for a period of 3 years, if in each fiscal year, or portion thereof included in that period, a specific annual appropriation not less than $5,200,000 or the pro-rated equivalent thereof shall have been made for the pilot project.

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