Are any Iowa state agencies required to do efficiency analysis of their spending?

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Question: 

Are any Iowa state agencies required to do efficiency analysis of their spending? In 2017 North Dakota mandated BCA for water projects seeking state funds--anything similar in Iowa?

Answer: 

To my knowledge, there is no requirement that new regulations be first subject to a cost-benefit analysis in the State of Iowa.  This is in contrast to the federal government which under Executive Order 12866[1] requires that the Office of Management and Budget must conduct a cost benefit analysis before any major regulation can be implemented, and that existing regulations must be subject to periodic evaluation.

The closest requirement in Iowa government is a rule that all tax credits must be subject to periodic review for their effectiveness and to insure that the outcomes of the tax credit are consistent with the objectives.  A list of past reports can be found at https://tax.iowa.gov/reports?term_node_tid_depth=80

 


[1] This was issued by President Clinton, amending an earlier executive order issued by President Reagan.  See https://www.foreffectivegov.org/node/3470 for a good summary of cost-benefit analysis in the federal government.
 

 

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Last updated on February 5, 2021