PAC PAC Regulatory Policy & Compliance

Question 1

Under the US Administrative Procedure Act (APA), what process must federal agencies generally follow before issuing a binding regulation?

Accepted Answer

Publish a Notice of Proposed Rulemaking (NPRM) and provide a public comment period

Answer

Obtain approval from the Office of Management and Budget only

Answer

Receive authorization from the relevant Congressional committee

Answer

Conduct a public hearing presided over by a federal judge

Question 2

A regulation that requires businesses to maintain records, file reports, or display labels is classified as which type of regulatory instrument?

Accepted Answer

Disclosure and information requirement

Answer

Performance standard

Answer

Command-and-control standard

Answer

Market-based incentive

Question 3

Which regulatory analysis is required for all 'significant' federal rules under Executive Order 12866?

Accepted Answer

Regulatory Impact Analysis (RIA)

Answer

Environmental Impact Statement

Answer

Technology Assessment

Answer

Racial Equity Impact Assessment

Question 4

What is the primary function of the Office of Information and Regulatory Affairs (OIRA)?

Accepted Answer

To review significant federal regulations for consistency with law and the president's priorities, and to ensure cost-benefit analysis is adequate

Answer

To prosecute agencies that violate the APA

Answer

To publish the Federal Register and Code of Federal Regulations

Answer

To advise Congress on whether to overturn agency rules under the Congressional Review Act

Question 5

Which of the following best describes a 'performance standard' in environmental regulation?

Accepted Answer

A regulation setting a maximum allowable level of pollution output, leaving technology choice to the regulated entity

Answer

A regulation specifying the exact technology a facility must install to control pollution

Answer

A cap-and-trade program that allows facilities to buy and sell pollution permits

Answer

A voluntary industry agreement to reduce emissions without government mandate

Question 6

In US regulatory policy, the Congressional Review Act (CRA) allows Congress to:

Accepted Answer

Overturn final agency rules through a joint resolution of disapproval within a review period

Answer

Require agencies to conduct additional public hearings on major rules

Answer

Mandate that agencies rewrite rules that fail cost-benefit thresholds

Answer

Extend the public comment period for any rule receiving more than 500 comments