[Federal Register Volume 76, Number 61 (Wednesday, March 30, 2011)]
[Proposed Rules]
[Pages 17572-17573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-7468]
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Proposed Rules
Federal Register
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This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.
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Federal Register / Vol. 76, No. 61 / Wednesday, March 30, 2011 /
Proposed Rules
[[Page 17572]]
DEPARTMENT OF THE TREASURY
5 CFR Chapter XXI
12 CFR Chapters I, V, XV, and XVIII
17 CFR Chapter IV
19 CFR Chapter I
26 CFR Chapter I
27 CFR Chapter I
31 CFR Subtitle A and Chapters I, II, IV through VIII, IX, and X
48 CFR Chapter 10
Reducing Regulatory Burden; Retrospective Review Under E.O. 13563
AGENCY: Department of the Treasury.
ACTION: Request for information.
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SUMMARY: On January 18, 2011, the President issued Executive Order
13563, ``Improving Regulation and Regulatory Review,'' which sets forth
principles and requirements designed to promote public participation,
improve integration and innovation, increase flexibility, ensure
scientific integrity, and increase retrospective analysis of existing
rules. The Department of the Treasury, in its effort to improve
Treasury regulations, invites interested members of the public to
submit comments on its preliminary plan to review retrospectively its
regulations and to submit suggestions as to which Treasury regulations
should be modified, expanded, streamlined, or repealed.
DATES: Comment due date: April 29, 2011.
ADDRESSES: Interested persons are invited to submit comments regarding
this notice according to the instructions below. All submissions must
refer to the document title. Treasury encourages the early submission
of comments.
Electronic Submission of Comments. Interested persons must submit
comments electronically through the Federal eRulemaking Portal at
http://www.regulations.gov. Electronic submission of comments allows
the commenter maximum time to prepare and submit a comment, ensures
timely receipt, and enables the Department to make them available to
the public. Comments submitted electronically through the http://www.regulations.gov Web site can be viewed by other commenters and
interested members of the public.
Commenters should follow the instructions provided on that site to
submit comments electronically.
Public Inspection of Comments. All properly submitted comments will
be available for inspection and downloading at http://www.regulations.gov.
Additional Instructions. In general, comments received, including
attachments and other supporting materials, are part of the public
record and are immediately available to the public. Do not enclose any
information in your comment or supporting materials that you consider
confidential or inappropriate for public disclosure.
FOR FURTHER INFORMATION CONTACT: Office of the Assistant General
Counsel for General Law, Ethics, and Regulation at
[email protected].
SUPPLEMENTARY INFORMATION:
Background--Executive Order 13563
On January 18, 2011, the President signed Executive Order 13563,
``Improving Regulation and Regulatory Review,'' which outlines the
following guiding principles:
Consistent with law, agencies must consider costs and
benefits of its regulations and choose the least burdensome path.
The regulatory process must be transparent and include
public participation.
Agencies must attempt to coordinate, simplify, and
harmonize regulations to reduce costs and promote certainty for
businesses and the public.
Agencies must consider approaches that maintain freedom of
choice and flexibility, including disclosure of relevant information to
the public.
Regulations must be guided by objective scientific
evidence.
Section 6 of Executive Order 13563 emphasizes the importance of
retrospective analysis of rules and requires agencies to ``develop and
submit to the Office of Information and Regulatory Affairs a
preliminary plan, consistent with law and its resources and regulatory
priorities, under which the agency will periodically review its
existing significant regulations to determine whether any such
regulations should be modified, expanded, streamlined, or repealed so
as to make the agency's regulatory program more effective or less
burdensome in achieving the regulatory objectives.''
Request for Comments
The Department of the Treasury, in implementing Executive Order
13563, invites public comments on two areas of interest. First,
comments are invited concerning the development of its preliminary plan
to periodically review existing significant regulations. Second,
Treasury invites comments about which regulations should be modified,
expanded, streamlined, or repealed in order to make the Department's
regulations more effective or less burdensome or both. Although
Treasury welcomes general comments, in addressing these two areas,
commenters are encouraged to respond to the questions below:
1. What factors should Treasury consider in selecting and
prioritizing existing rules for retrospective review?
2. Which regulatory programs are working well and should serve as a
model for other Treasury programs?
3. Are there Treasury rules that are outdated or contrary to
recently enacted statutes, or otherwise in need of updating?
4. In which Treasury regulations are there opportunities to use new
information technologies to improve or ease burdens?
5. How often should Treasury review its existing regulations?
6. Are there any Treasury rules that duplicate requirements or
contain conflicting requirements, either with another Treasury bureau
or another Federal agency? If so, please identify and explain how these
duplicative or conflicting requirements could be modified.
7. How can Treasury improve public outreach and increase public
participation in the rulemaking process?
8. Please provide any additional information that will help the
Department to develop and implement
[[Page 17573]]
its preliminary plan for retrospective review of regulations.
The Department advises that this notice and request for comments is
issued for information and policy development purposes. Although the
Department encourages responses to this notice, such comments do not
bind the Department to taking any further actions related to the
submission.
George W. Madison,
General Counsel, Department of the Treasury.
[FR Doc. 2011-7468 Filed 3-29-11; 8:45 am]
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