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Regulations and Assessments

Regulations and Assessments

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Significant An action that is likely to: (1) Have an annual effect on the economy of $100 million or more or adversely affect in a material way the economy, a section of the economy, productivity, competition, jobs, the environment, public health or safety, or State, local, or tribal governments or communities (actions that meet this criterion are "economically significant"); (2) create a serious inconsistency or otherwise interfere with an action taken or planned by another agency; (3) materially alter the budgetary impact of entitlements, grants, user fees, or loan programs or the rights and obligations of recipients thereof; or (4) raise novel legal or policy issues arising out of legal mandates, the President's priorities, or the principles set forth in Executive Order 12866. Rules that the Office of Management and Budget (OMB) has determined to be significant are reviewed by OMB before publication. For further information on "significant" and "economically significant," see Executive Order 12866 of September 30, 1993.

Last Modified: July 14, 2008