S. 1927Senate114th Congress (2015-2017)In Committee

REVIEW Act of 2015

Introduced August 4, 2015

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Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

August 4, 2015

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SenateIntro Referral

Introduced in Senate

August 4, 2015

SenateIntro Referral

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

August 4, 2015

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Introduced in SenateIssued August 4, 2015

II

114th CONGRESS

1st Session

S. 1927

IN THE SENATE OF THE UNITED STATES

August 4, 2015

Mr. Coats (for himself and Mr. Lankford) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs

A BILL

To amend title 5, United States Code, to postpone the effective date of high-impact rules pending judicial review.

1.

Short title

This Act may be cited as the Require Evaluation before Implementing Executive Wishlists Act of 2015 or the REVIEW Act of 2015.

2.

Relief pending review

Section 705 of title 5, United States Code, is amended—

(1)

by striking When and inserting the following:

(a)

In general

When

; and

(2)

by adding at the end the following:

(b)

High-Impact rules

(1)

Definitions

In this subsection—

(A)

the term Administrator means the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget; and

(B)

the term high-impact rule means any rule that the Administrator determines may impose an annual cost on the economy of not less than $1,000,000,000.

(2)

Relief

(A)

In general

Except as provided in subparagraph (B), an agency shall postpone the effective date of a high-impact rule of the agency pending judicial review.

(B)

Failure to timely seek judicial review

Notwithstanding section 553(d), if no person seeks judicial review of a high-impact rule during the 60-day period beginning on the date on which the high-impact rule is published in the Federal Register, the high-impact rule shall take effect on the date that is 60 days after the date on which the high-impact rule is published.

.