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What is contained in a PREA/REA?

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A PREA/REA contains the following:

  • an overview of those segments of the mining industry affected by the MSHA rulemaking;
  • a detailed discussion of the estimated health and/or safety benefits of the rule;
  • a detailed account of the costs industry must incur to comply with the rule;
  • a determination of the economic feasibility of the rule, as required under the Mine Act;
  • a determination of whether the rule would have a significant impact on a substantial number of small entities (e.g., mines or other affected businesses), as required under the 1980 Regulatory Flexibility Act (RFA), as amended by the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA);
  • an estimate of the paperwork burden hours and costs that the rule would impose on the affected sector, as required under the Paperwork Reduction Act of 1995; and
  • a determination of "other" impacts of the rule, as required by various other statutes and executive orders.