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H.R. 2631 (114th): Regulatory Predictability for Business Growth Act of 2015

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 3, 2015.


Regulatory Predictability for Business Growth Act of 2015

This bill adds the definitions of "longstanding interpretive rule" and "revise" to the Administrative Procedure Act (APA). A longstanding interpretive rule is distinguished from an "interpretive rule" if it has been in effect for at least one year. If a rule is a longstanding interpretive rule, it remains subject to the general notice of proposed rulemaking and comment and publication provisions of the APA.