About: Executive Order 12866

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Executive Order 12866 in the United States requires benefit-cost analysis for any new regulation that is "economically significant," which is defined as having "an annual effect on the economy of $100 million or more or adversely affect[ing] in a material way the economy, a sector of the economy, productivity, competition, [or] jobs," or creating an inconsistency with other law, or any of several other conditions. The Order established a "regulatory philosophy" and several "principles for regulation," among them requirements to explicitly identify the problem to be addressed, determine whether existing regulations created or contributed to the problem, assess alternatives to direct regulation, and design regulations in the most cost-effective manner. § 1(a) summarizes this regulatory philo

Attributes	Values
rdfs:label	Executive Order 12866 (en)
rdfs:comment	Executive Order 12866 in the United States requires benefit-cost analysis for any new regulation that is "economically significant," which is defined as having "an annual effect on the economy of $100 million or more or adversely affect[ing] in a material way the economy, a sector of the economy, productivity, competition, [or] jobs," or creating an inconsistency with other law, or any of several other conditions. The Order established a "regulatory philosophy" and several "principles for regulation," among them requirements to explicitly identify the problem to be addressed, determine whether existing regulations created or contributed to the problem, assess alternatives to direct regulation, and design regulations in the most cost-effective manner. § 1(a) summarizes this regulatory philo (en)
dcterms:subject	Executive orders of Bill Clinton
Wikipage page ID	56190385 (xsd:integer)
Wikipage revision ID	1100563450 (xsd:integer)
Link from a Wikipage to another Wikipage	Executive orders of Bill Clinton Office of Information and Regulatory Affairs Office of Management and Budget
Link from a Wikipage to an external page	https://www.trumpwhitehouse.gov/presidential-actions/executive-order-promoting-rule-law-transparency-fairness-civil-administrative-enforcement-adjudication https://www.govinfo.gov/content/pkg/FR-2019-10-15/pdf/2019-22623.pdf https://www.govinfo.gov/content/pkg/FR-2019-10-15/pdf/2019-22624.pdf https://www.federalregister.gov/documents/2021/01/25/2021-01767/revocation-of-certain-executive-orders-concerning-federal-regulation https://www.trumpwhitehouse.gov/presidential-actions/executive-order-promoting-rule-law-improved-agency-guidance-documents https://georgewbush-whitehouse.archives.gov/omb/inforeg/eo12866/eo12866_amended_01-2007.pdf https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/20/executive-order-revocation-of-certain-executive-orders-concerning-federal-regulation/
sameAs	Executive Order 12866 Executive Order 12866
dbp:wikiPageUsesTemplate	dbt:Reflist dbt:Short_description
has abstract	Executive Order 12866 in the United States requires benefit-cost analysis for any new regulation that is "economically significant," which is defined as having "an annual effect on the economy of $100 million or more or adversely affect[ing] in a material way the economy, a sector of the economy, productivity, competition, [or] jobs," or creating an inconsistency with other law, or any of several other conditions. The Order established a "regulatory philosophy" and several "principles for regulation," among them requirements to explicitly identify the problem to be addressed, determine whether existing regulations created or contributed to the problem, assess alternatives to direct regulation, and design regulations in the most cost-effective manner. § 1(a) summarizes this regulatory philosophy as follows: Federal agencies should promulgate only such regulations as are required by law, are necessary to interpret the law, or are made necessary by compelling public need, such as material failures of private markets to protect or improve the health and safety of the public, the environment, or the well-being of the American people. Agencies were directed to fulfill these requirements though economic analysis, most notably the preparation of Regulatory Impact Analyses (RIAs). Regulations within this definition are colloquially termed "economically significant." (en)
prov:wasDerivedFrom	wikipedia-en:Executive_Order_12866?oldid=1100563450&ns=0
page length (characters) of wiki page	21514 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Executive_Order_12866
is Link from a Wikipage to another Wikipage of	Rulemaking United States administrative law Independent agencies of the United States government Office of Information and Regulatory Affairs List of OMB Circulars and Bulletins Code of Federal Regulations Regulatory reform Social cost of carbon Executive order
is foaf:primaryTopic of	wikipedia-en:Executive_Order_12866

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