Section 1 Short title
This Act may be cited as the “Regulatory Predictability for Business Growth Act of 2015”.
Regulatory Predictability for Business Growth Act of 2015
A BILL
To require notice and comment for certain interpretative rules.
Sec. 2 Requiring notice and comment for certain interpretative rules
Subchapter II of chapter 5 of title 5, United States Code, is amended—
in section 551—
in paragraph (13), by striking “and” at the end;
in paragraph (14), by striking the period at the end and inserting a semicolon; and
by adding at the end the following:
“(15) longstanding interpretative rule means an interpretative rule that has been in effect for not less than 1 year; and
“(16) revise means, with respect to an interpretative rule, altering or otherwise changing any provision of a longstanding interpretative rule that conflicts, or is in any way inconsistent with, any provision in a subsequently promulgated interpretative rule.”
in section 553—
in subsection (b), following the flush text, in subparagraph (A), by striking “interpretative rules” and inserting “an interpretative rule of an agency, unless the interpretative rule revises a longstanding interpretative rule of the agency”; and
in subsection (d)(2), by striking “interpretative rules” and inserting “an interpretative rule of an agency, unless the interpretative rule revises a longstanding interpretative rule of the agency, and”.