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Regulatory Impact Analysis

A study that federal agencies conduct to estimate the potential costs and benefits of a proposed new government rule.

Benefit-Cost Analysis

A formal process used by agencies to compare the monetary benefits of a proposed rule against its monetary costs to determine if it is economically worthwhile.

Non-monetized factor

A factor in a regulatory analysis that cannot be directly assigned a dollar value, such as improved public health, cleaner air, or enhanced safety.

Unquantified factor

A factor in a regulatory analysis that cannot be precisely measured or expressed numerically, often overlapping with non-monetized factors.

Federal Register

The official daily publication for rules, proposed rules, and notices of federal agencies and organizations, as well as executive orders and other presidential documents.

Office of Management and Budget (OMB)

A presidential office that oversees the performance of federal agencies and is responsible for producing the President's budget and reviewing regulations.

Interim final rule

A regulation that takes effect immediately, often without prior public comment, but allows for public comment after its issuance before becoming a final rule.