Section 1 Short title
This Act may be cited as the “Regulatory Agenda Clarity Act”.
Regulatory Agenda Clarity Act
A BILL
To amend chapter 6 of title 5, United States Code (commonly known as the Regulatory Flexibility Act), to ensure complete disclosure of an agency’s annual regulatory agenda.
Sec. 2 Expansion of report of regulatory agenda
Section 602 of title 5, United States Code, is amended—
in subsection (a)—
in paragraph (2), by striking “, and” at the end and inserting a semicolon;
by redesignating paragraph (3) as paragraph (4); and
by inserting after paragraph (2) the following:
“(3) a brief description of each sector of the North American Industrial Classification System that is primarily affected by any rule which the agency expects to propose or promulgate which is likely to have a significant economic impact on a substantial number of small entities; and”
by amending subsection (c) to read as follows:
“(c) Not later than 3 days after the date on which an agency publishes a regulatory flexibility agenda in the Federal Register under subsection (a)—
“(1) such agency shall prominently display on the website of such agency a plain language summary of the information contained in the regulatory flexibility agenda;
“(2) the Chief Counsel for Advocacy shall compile, by agency, and prominently display on the website of the Small Business Administration a plain language summary of each such regulatory flexibility agenda.”