How Will a 2-for-1 Regulatory Scheme Really Work?
While the initial Executive Order raised many questions, it deferred authority to the Office of Management and Budget (OMB) to lay out the specifics of how the new regulatory initiative would work. Now, the OMB issued a guidance document that answers some of those questions about how exactly a regulatory 2-out, 1-in process will work.
What Regulations Will Be Affected?
How to Calculate Regulatory Costs and Savings
The OMB guidance document, offered in a helpful Q&A format, goes on to answer many other questions about how exactly the 2-out, 1-in scheme will play out.
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Use this guide to spot which tanks and substances are regulated under EPA's Underground Storage Tank program, and which are excluded as of October 2018.