A REA is a document containing an analysis of the economic impacts of an MSHA rule on affected entities. Economic impacts include both (1) the compliance costs (and, as appropriate, cost savings) for the segments of the mining industry covered by the rule, as well as other related industries (e.g., manufacturers of mining equipment) affected by the rule, and (2) the related miner health and safety benefits. The analysis of regulatory impacts provided in an MSHA REA, as required by various executive orders and statutory requirements, including Executive Order 12866, the Mine Act, the Regulatory Flexibility Act, and the Paperwork Reduction Act, must address impacts and paperwork burden on the mining industry, on other industries, and on small mining businesses affected by the rulemaking.
What is a Regulatory Economic Analysis (REA)?
Lapse in Appropriations