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

The text of the bill below is as of Jun 3, 2015 (Introduced).


I

114th CONGRESS

1st Session

H. R. 2631

IN THE HOUSE OF REPRESENTATIVES

June 3, 2015

introduced the following bill; which was referred to the Committee on the Judiciary

A BILL

To require notice and comment for certain interpretive rules.

1.

Short title

This Act may be cited as the Regulatory Predictability for Business Growth Act of 2015.

2.

Requiring notice and comment for certain interpretive rules

Subchapter II of chapter 5 of title 5, United States Code, is amended—

(1)

in section 551—

(A)

in paragraph (13), by striking and at the end;

(B)

in paragraph (14), by striking the period at the end and inserting a semicolon; and

(C)

by adding at the end the following:

(15)

longstanding interpretive rule means an interpretive rule that has been in effect for not less than 1 year; and

(16)

revise means, with respect to an interpretive rule, altering or otherwise changing any provision of a longstanding interpretive rule that conflicts, or is in any way inconsistent with, any provision in a subsequently promulgated interpretive rule.

; and

(2)

in section 553—

(A)

in subsection (b), following the flush text, in subparagraph (A), by striking interpretative rules and inserting an interpretive rule of an agency, unless the interpretive rule revises a longstanding interpretive rule of the agency; and

(B)

in subsection (d)(2), by striking interpretative rules and inserting an interpretive rule of an agency, unless the interpretive rule revises a longstanding interpretive rule of the agency, and.