Section 1 Short title
This Act may be cited as the “Regulatory Predictability for Business Growth Act of 2017”.
Regulatory Predictability for Business Growth Act of 2017
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)(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,”.