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U*S* Department Of Transportation National Highway Traffic Safety Administration Final Regulatory Impact Analysis Consumer Assistance to Recycle and Save Act of 2009 Office of Regulatory Analysis and Evaluation National Center for Statistics and Analysis July 2009 Summary The Act establishes a new program under which the government will provide incentives of either 3 500 or 4 500 to help consumers purchase or lease a new more fuel efficient car van sport utility vehicle or pickup truck from a...
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How to fill out Final Regulatory Impact Analysis

01
Begin with a clear definition of the regulatory proposal.
02
Identify the purpose and necessity of the regulation.
03
Analyze the expected benefits of the regulation.
04
Estimate the costs associated with implementing the regulation.
05
Consider the potential effects on various stakeholders.
06
Evaluate all alternatives to the proposed regulation.
07
Provide a summary of the analysis, including key findings.
08
Ensure compliance with legal and procedural requirements.
09
Submit the completed analysis for review and approval.

Who needs Final Regulatory Impact Analysis?

01
Regulatory bodies responsible for implementing new regulations.
02
Government agencies needing to assess the impact of regulations.
03
Stakeholders affected by the proposed regulation.
04
Policymakers seeking to understand the implications of regulatory decisions.
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Consumer Assistance to Recycle and Save Act of 2009 - Establishes in the Department of Transportation the Consumer Assistance to Recycle and Save (CARS) Program.
President Obama has enacted the Consumer Assistance to Recycle and Save Act of 2009, which establishes an incentive program to encourage consumers to trade in older, less fuel efficient cars and trucks for newer, more fuel efficient vehicles.
The Act establishes a new program under which the government will provide $3,500 or $4,500 to help consumers purchase or lease a new, more fuel efficient car, van, sport utility vehicle or pickup truck from a participating dealer when they trade in an old, less fuel efficient vehicle.

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Final Regulatory Impact Analysis (FRIA) is a document that evaluates the potential effects of a proposed regulation, including economic, social, and environmental impacts. It aims to assess the benefits and costs of the regulation to ensure informed decision-making.
Federal agencies that are proposing significant regulatory actions are typically required to file a Final Regulatory Impact Analysis to demonstrate compliance with regulatory assessment requirements.
To fill out a Final Regulatory Impact Analysis, an agency must identify the problem, evaluate alternatives, estimate costs and benefits, consider impacts on various stakeholders, and summarize the findings in a structured manner according to guidelines set by the relevant authorities.
The purpose of Final Regulatory Impact Analysis is to provide a comprehensive evaluation of proposed regulations, ensuring that decision-makers and stakeholders understand the implications of the regulation, thereby fostering transparency and accountability.
Information reported in the Final Regulatory Impact Analysis includes the problem statement, regulatory objectives, analysis of regulatory alternatives, estimated costs and benefits, potential impacts on small businesses, and measures for compliance and oversight.
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