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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 161, Number 95 (Monday, June 15, 2015)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. KING of Iowa:H.R. 2778.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to Congress' powers grantedunder article I of the United States Constitution, includingthe legislative vesting clause of article I, section 1; thepower granted to each House of Congress under article I,section 5, clause 2; and the power granted to Congress underarticle I, section 8, clause 18.[Page H4382]</pre>]]></constitutionalAuthorityStatementText>
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        <title>Regulations from the Executive in Need of Scrutiny Act of 2015</title>
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          <text>Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 307.</text>
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        <title>Financial CHOICE Act of 2016</title>
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        <text>Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.</text>
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        <fullName>Rep. King, Steve [R-IA-4]</fullName>
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        <updateDate>2015-09-09T13:52:18Z</updateDate>
        <text><![CDATA[ <p><strong>Sunset Act of 2015</strong></p> <p>Revises provisions relating to congressional review of agency rulemaking to require federal agencies to submit to Congress and the Government Accountability Office a report every three months containing a copy of any rule made during that three month period and information relating to such rule. Prohibits the implementation of a proposed rule prior to the submission of such report. Requires Congress to enact a joint resolution of approval of any agency rule and sets forth approval procedures.</p> <p>Revises the definition of "rule" for purposes of this Act to exclude: (1) any rule of particular applicability, including a rule that approves or prescribes for the future rates, wages, prices, services, or allowances therefore, corporate or financial structures, reorganizations, mergers, or acquisitions thereof, or accounting practices or disclosures bearing on any of the foregoing; (2) any rule relating to agency management or personnel; or (3) any rule of agency organization, procedure, or practice that does not substantially affect the rights or obligations of non-agency parties. </p> <p>Permits judicial review of whether an agency has completed the necessary requirements for a rule to take effect. </p> <p>Requires agencies to designate not less than 10% of their eligible rules for review during each of the next ten years. Terminates any such rule for which Congress has not enacted a joint resolution of approval within 10 years after enactment of this Act. </p> <p>Terminates an agency rule for which Congress has enacted a joint resolution of approval 10 years after the enactment of such resolution. Authorizes the President to exempt a rule from termination if such rule is: (1) necessary because of an imminent threat to health or safety or other emergency, for the enforcement of criminal law, or for national security; or (2 ) issued to implement an international trade agreement. </p>]]></text>
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    <title>Sunset Act of 2015</title>
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        <title>To amend chapter 8 of title 5, United States Code, to provide for Congressional oversight of agency rulemaking, and for other purposes.</title>
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      <actionDate>2015-07-01</actionDate>
      <text>Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
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