Sec. 492. Regulatory relief and improvement
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Section 487A ( 20 U.S.C. 1094a ) is amended— in subsection (a)— in paragraph (1), by striking The Secretary is authorized to and inserting The Secretary shall ; and in paragraph (5), by inserting at least once every two years before the period at the end; and in subsection (b)— in paragraph (2)— in the paragraph heading, by inserting before Annual ; and Report by striking the first sentence and inserting The Secretary shall review the experience, and rigorously evaluate the activities, of all institutions participating as experimental sites and shall, on an annual basis, submit a report based on the review and evaluation findings to the authorizing committees. ; in paragraph (3), by amending subparagraph
(A)to read as follows: The Secretary is authorized periodically to select a limited number of institutions for voluntary participation as experimental sites to provide recommendations to the Secretary and to the Congress on the impact and effectiveness of proposed regulations or new management initiatives. Prior to announcing a new experimental site and inviting institutions to participate, the Secretary shall provide to the authorizing committees a notice that shall include— a description of the proposed experiment and rationale for the proposed experiment; and a list of the institutional requirements the Secretary expects to waive and the legal authority for such waivers. The Secretary shall not proceed with announcing a new experimental site and inviting institutions to participate until 10 days after the Secretary— receives and addresses all comments from the authorizing committees; and responds to such committees in writing with an explanation of how such comments have been addressed. The Secretary is not authorized to carry out clause
(i)in any year in which an annual report described in paragraph
(2)relating to the previous year is not submitted to the authorizing committees. ; in paragraph (4)(A), by striking biennial and inserting annual ; and by striking paragraph
(1)and redesignating paragraphs
(2)through
(4)as paragraphs
(1)through (3), respectively.
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Sec. 492
Regulatory relief and improvement
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