Unfunded Mandates Reform Act : History, Impact, and Issues.

Provides background on P.L. 104-4, the Unfunded Mandates Reform Act (UMRA) of 1995, under which CBO is required to prepare and Congressional committees and Federal agencies to consider an assessment of the financial impact on State and local governments and the private sector of proposed legislation...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2009.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Provides background on P.L. 104-4, the Unfunded Mandates Reform Act (UMRA) of 1995, under which CBO is required to prepare and Congressional committees and Federal agencies to consider an assessment of the financial impact on State and local governments and the private sector of proposed legislation and regulations mandating nonfederal spending. Examines debates over what constitutes an unfunded Federal mandate and UMRA implementation. Focuses on UMRA requirement that CBO issue written cost estimate statements for Federal mandates in legislation, its procedures for raising points of order in the House of Representatives and the Senate concerning unfunded Federal mandates in legislation, and its requirement that Federal agencies prepare written cost estimate statements for Federal mandates in rules. Assesses UMRA impact on Federal mandates and arguments concerning UMRA future, focusing on UMRA definitions, exclusions, and exceptions which currently exempt many Federal actions with potentially significant financial impacts on nonfederal entities.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.