¶ … Legislative Process
Federal mandates are orders from a central government that require compliance by state and local governments and individuals. Many times, mandates are signed into law "without the federal funds to support their execution" (Zaretsky 5). Additionally, mandates can be divided into different categories and require compliance by different agencies, companies, or individuals.
One fairly recent mandate stems from the Patient Protection and Affordable Care Act (PPACA), which was signed into law on March 30, 2010. Under the PPACA, an individual mandate requires people to purchase an insurance policy or face fines if they are not otherwise covered by an employer-sponsored insurance program or other public insurance program.
Under the PPACA, it has been mandated that new insurance...
NCLB Mandates And The Governments That Impose Them No Child Left Behind (NCLB): The fiscal and budgetary impact on public organizations Traditionally, public education has been left to the governance of state and local authorities. However, in creating the mandate of No Child Left Behind (NCLB), the federal government extended unprecedented authority over the ability of states to set minimal standards for student achievement and what was considered a failing school. Although not
Pedagogic Model for Teaching of Technology to Special Education Students Almost thirty years ago, the American federal government passed an act mandating the availability of a free and appropriate public education for all handicapped children. In 1990, this act was updated and reformed as the Individuals with Disabilities Education Act, which itself was reformed in 1997. At each step, the goal was to make education more equitable and more accessible to
Sarbanes-Oxley. The political pressure of the past several years following the dot.com bubble and the collapse of several major companies created a need for new securities legislation, which culminated last year in the Sarbanes-Oxley Investor Protection Act, which establishes new guidelines for the securities industry. Initially a Democratic brainchild, the act became favored by Republicans in the House when it was realized that such adjustments would be of great benefit to
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense
A micro considers the interests and rights of the individual company as the primary concern. Both of these views are valid depending on the lens that one wishes to use. The problem arises when the government is forced to develop policies regarding procurement in this volatile debate. The government must decide whether to take a micro view, favoring the rights of companies, or a macro view that places the
Banking Regulation Captain -- You Do See That Blinking Light, Don't You? An apocryphal story about an unnamed navy captain goes like this. The ship in question is sailing at a not insignificant clip on a very overcast night close to shore in preparation for docking. A number of sailors who are above deck see a blinking light in the distance that clearly -- to them -- appears to be a lighthouse.
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