2132-AB02 201210 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 2132 Federal Transit Administration FTA 2100 Department of Transportation DOT Major Capital Investment Projects (RRR) This rulemaking would create a new regulatory framework for FTA´s evaluation and rating of projects seeking funding under the discretionary New Starts and Small Starts programs authorized by 49 U.S.C. 5309. Specifically, this rulemaking would simplify the measures for assessing the mobility improvements and cost-effectiveness of projects; would place greater emphasis on the environmental benefits of projects and the effects of projects on local economic development; would clarify the criteria for assessing the local financial commitment of project sponsors; would streamline the evaluation process for projects that remain within a certain envelope of cost and scope during the project development process; and would provide a very quick evaluation process for certain types of projects seeking funding under the Small Starts program. Economically Significant Previously Published in The Unified Agenda Final Rule Stage Yes No 49 CFR 611 49 USC 5309 Statutory Final 04/07/2006 Final Rule by April 7, 2006. No ANPRM 06/03/2010 75 FR 31383 Comment Period End 08/02/2010 NPRM 01/25/2012 77 FR 3848 NPRM Comment Period End 03/26/2012 Final Rule 12/00/2012 Includes Retrospective Review under Executive Order 13563. Anticipated cost savings: FTA estimates current overall New and Small Starts annual paperwork burden hours to be approximately 275 hours for each of the estimated 135 respondents totaling 37,070 hours and annual costs totaling $2,780,250. The proposals in the NPRM and accompanying proposed guidance, if adopted, would modify the time required to prepare and submit an applications. Thus, FTA estimates burden hours would be approximately 260 hours for each of the estimated 135 respondents totaling 35,070 hours and annual costs totaling $2,630,250. These and other paperwork requirement trade-offs were an express objective in developing this NPRM. SB - N IC - N SLT - Y This item emcompasses the third and fourth FTA item in the August RRR plan. No No None No www.regulations.gov www.regulations.gov No No Scott Biehl A. 2132 Federal Transit Administration FTA 202 366-0826 scott.biehl@dot.gov 1200 New Jersey Avenue, SE, Washington DC 20590