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Contract with America
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===Job Creation and Wage Enhancement Act=== A package of measures to act as small-business incentives: capital-gains cuts and indexation, neutral cost recovery, risk assessment/cost-benefit analysis, strengthening the [[Regulatory Flexibility Act]] and [[unfunded mandate]] reform to create jobs and raise worker wages. Although this was listed as a single bill in the contract, its provisions ultimately made it to the House Floor as four bills: * H.R.5, requiring federal funding for state spending mandated by congressional action and estimated by the [[Congressional Budget Office]] to cost more than $50 million per year (for the years of 1996β2002<ref>{{cite web |url=https://www.congress.gov/bill/104th-congress/house-bill/00005 |title=H.R.5 - Unfunded Mandate Reform Act of 1995}}</ref>), was passed 360β74, February 1, 1995. This bill was conferenced with S. 1 and enacted, March 22, 1995 {{cite web |title=S.1 - Unfunded Mandates Reform Act of 1995 |url=https://www.congress.gov/bill/104th-congress/senate-bill/00001/all-actions-without-amendments}} * H.R.450 required a moratorium on the implementation of federal regulations until June 30, 1995, and was passed 276β146, February 24, 1995. Companion Senate bill S. 219 passed by voice vote, May 17, 1995, but the two bills never emerged from conference {{cite web |title=S.219 - Regulatory Transition Act of 1995 |url=https://www.congress.gov/bill/104th-congress/senate-bill/00219/all-actions-without-amendments}} * H.R.925 required federal compensation to be paid to property owners when federal government actions reduced the value of the property by 20% or more, and was passed 277β148, March 3, 1995. * H.R.926, passed 415β14 on March 1, 1995, required federal agencies to provide a [[cost-benefit analysis]] on any regulation costing $50 million or more annually, to be signed off on by the [[Office of Management and Budget]], and permitted small businesses to sue that agency if they believed the analysis was performed inadequately or incorrectly.
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