The legislation would expand the scope
The legislation would expand the scope of the Unfunded Mandates Reform Act of 1995 (UMRA), which was passed to ensure public awareness of the financial burden federal mandates place on employers and state and local governments. Current loopholes within UMRA allow certain regulatory bodies to escape public reporting requirements and encourage others to forego publicizing regulatory proposals. The Unfunded Mandates Information and Transparency Act would correct this.
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