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Reports to Congress on the Costs and Benefits
of Federal Regulations

Table 8: Summary of Agency Estimates For Final Rules
4/1/96 - 3/31/97

Agency/Rule Benefit Estimate Cost Estimate Other Quantitative Effects
Department of Agriculture
1996 Farm Bill Farm Program ----- ----- -----
Conservation Reserve Program $2 Billion/Yr
(1997 - 2002)
$900 Million/Yr
(1997 - 2002)
-----
Karnal Bunt -----
(See Note 1)
----- -----
Hazard Analysis and Critical Control Points $.065-2.43 Billion/Yr $88-106 Million/Yr -----
Department of Commerce
Encryption Items Transferred from the U.S. Munitions List to the Commerce Control List ----- $1.4 Million/Yr -----
Department of Health and Human Services
Food Labeling/ Nutrition Labeling: Small Business Exemption $275-360 Million/Yr $4 Million/Yr
(See Note 2)
-----
Medical Devices: Quality Systems Regulation $29 Million/Yr; 44 deaths and 484-677 serious injuries avoided/Yr $82 Million/Yr -----
Restriction on Sale and Distribution of Tobacco $9.2-10.4 Billion/Yr
(See Note 3)
$180 Million/Yr $160 Million/Yr in reduced house fire damage
Department of the Interior
Migratory Bird Hunting (Early Season Frameworks) ----- ----- -----
Migratory Bird Hunting (Late Season Frameworks) ----- ----- -----
Department of Labor
Methylene Chloride 31 Cancer Cases/Yr; 3 Deaths/Yr from acute central nervous system effects $101 Million/Yr 30,000 to 54,000 workers protected from central nervous system effects and episodes of carboxyhemo - globinemia
Department of Transportation
Airbag Depowering 83-101 fatalities and 5,100-8,800 serious injuries prevented over lifetime of one full model-year's vehicles $0 Increases of 50-431 fatalities and 261-842 serious chest injuries over lifetime of one full model-year's vehicles
Light Truck CAFE Model-Year 1999 ----- ----- -----
Roadway Worker Protection $33 Million/Yr $32 Million/Yr -----
Environmental Protection Agency
Accidental Release Prevention $174Million/Yr $97 Million/Yr -----
Financial Assurance for Municipal Solid Waste Landfills $105 Million/Yr $0 -----
Deposit Control Gasoline 25,000 tons hydrocarbons; 474,000 tons carbon monoxide; 95,000 tons nitrogen oxides average annual emission reductions (1997-2001) $138 Million/Yr average (1997-2000) average savings of 64 million gallons of gasoline/Yr (1995-2001)
Acid Rain Phase II NOx Controls 890,000 tons nitrogen oxide annual emission reduction $204 Million/Yr -----
Federal Test Procedure Revisions 41,280 tons hydrocarbons; 2,580,000 tons carbon monoxide; 218,582 tons nitrogen oxides annualized emission reductions $199-245 Million/Yr $202 Million/Yr in potential fuel savings
Voluntary Standards for Light-Duty Vehicles 279 tons hydrocarbons; 3,756 tons carbon monoxide; 400 tons nitrogen oxides DAILY emission reductions in 2005 $600 Million/Yr -----
Lead-Based Paint Activities in Target Housing ----- $33 Million/Yr
(See Note 4)
-----
Note 1: Agency performed analysis after the fact and released it after 3/31/97
Note 2: Maximum first-year cost; expected to decline thereafter.
Note 3: Benefits and cost at 7% discount rate. FDA also provided estimates at 3%.
Note 4: Using EPA's 3% discount rate.