On the recordFebruary 28, 2014
Mr. Chairman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill, add the following new section: SEC. 14. INAPPLICABILITY OF UNFUNDED MANDATES REFORM ACT IF COST-BENEFIT ANALYSIS SHOWS BENEFITS OF REGULATORY ACTION EXCEED COSTS. The Unfunded Mandates Reform Act of 1995 (Public Law 104- 4; 2 U.S.C. 1511 et seq.), as amended by this Act, shall not apply to a regulatory action if a cost-benefit analysis demonstrates the benefits of the regulatory action exceed the costs of the regulatory action. The Acting CHAIR. Pursuant to House Resolution 492, the gentlewoman from Texas (Ms. Jackson Lee) and a Member opposed each will control 5 minutes. The Chair recognizes the gentlewoman from Texas.
