S. 1449 would impose private-sector mandates by requiring manufacturers of child safety seats, agricultural equipment, motor vehicles and vehicle parts to comply with new safety standards. It also would impose new requirements on importers of motor vehicles and vehicle parts, as well as car dealerships. The cost of several of the mandates related to motor vehicle safety would depend on future regulations. However, because the requirements would apply to a large number of vehicles intended for sale in the United States each year, CBO estimates that the total cost of the mandates would probably exceed the annual threshold established in UMRA for private-sector mandates ($146 million in 2012, adjusted annually for inflation) in at least one of the first five years the mandates are in effect.
