For the first time in a dozen years, the New York State Governor’s Office of Regulatory Reform (GORR) has begun to update its guidelines for how state agencies should conduct cost-benefit analysis. This update seeks to transform what had been an infrequently and inconsistently used technique in New York into a more standard and powerful decisionmaking tool.
Policy Integrity submitted comments on the guidelines arguing for a more thorough and accurate valuation of the benefits of regulation, as well as analysis of how policies affect individual and vulnerable subpopulations.