Amendment prevents federal agencies from implementing significant policy changes without appropriate congressional review and requires bringing administrative rules having an economic impact of $100 million or more (as scored by OMB) before Congress for a vote.

1. Replaces “except that such term does not include--” through line 18 with “except that such term does not include any rule of particular applicability, including a…”

   ReplacesPage 21, lines 4–18Printed page

   [struck: except that such term does not include-- …][inserted: except that such term does not include any rule of particular applicability, including a rule that approves or prescribes for the future rates, wages, prices, services, or allowances therefore, corporate or financial structures, reorganizations, mergers, or acquisitions thereof, or accounting practices or disclosures bearing on any of the foregoing.]

   Original wording

   Page 21, beginning on line 4, strike “except that such term does not include--” and all that follows through line 18, and insert the following: “except that such term does not include any rule of particular applicability, including a rule that approves or prescribes for the future rates, wages, prices, services, or allowances therefore, corporate or financial structures, reorganizations, mergers, or acquisitions thereof, or accounting practices or disclosures bearing on any of the foregoing.”

Read automatically from the Congressional Record. Check the original before relying on it.

As printed