Sec. 5. Applicability of congressional review of certain agency rulemaking relating to Iran
270 words·~1 min read·
/bill/114/hr/3662/eh/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of law, any rule to amend or otherwise alter a covered regulatory provision as defined in subsection
(c)that is published on or after the date of the enactment of this Act shall be deemed to be a rule or major rule (as the case may be) for purposes of chapter 8 of title 5, United States Code, and shall be subject to all applicable requirements of chapter 8 of title 5, United States Code. Not later than 60 days after the date of the enactment of this Act, and every 90 days thereafter, the head of the applicable department or agency of the Federal Government shall submit to the appropriate congressional committees a report on the operation of the licensing system under each covered regulatory provision as defined in subsection
(c)for the preceding 2-year period, including— the number and types of licenses applied for; the number and types of licenses approved; a summary of each license approved; a summary of transactions conducted pursuant to a general license; the average amount of time elapsed from the date of filing of a license application until the date of its approval; the extent to which the licensing procedures were effectively implemented; and a description of comments received from interested parties about the extent to which the licensing procedures were effective, after the applicable department or agency holds a public 30-day comment period. In this section, the term covered regulatory provision means any provision of part 535, 560, 561, or 1060 of title 31, Code of Federal Regulations, as such part was in effect on June 1, 2015.