II 112th CONGRESS 1st Session S. 927 IN THE SENATE OF THE UNITED STATES May 10, 2011 Mr. Vitter introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To require congressional approval before implementation of certain agency actions, and for other purposes.

1.

Short title

This Act may be cited as the Agency Overreach Moratorium Act .

2.

Prohibition on retroactive withdrawal of certain permits

Unless approved by an Act of Congress, the head of a Federal agency shall not— (1)retroactively withdraw any permit issued for Federal land or any area of the outer Continental Shelf that would have been used— (A)to produce or harvest a domestic natural resource; or (B)to create 1 or more jobs; or (2)issue a designation under any law that would restrict or prohibit access to domestic natural resources on Federal land or any area of the outer Continental Shelf.

3.

Congressional approval of designation of national monuments

Section 2 of the Act of June 8, 1906 (commonly known as the Antiquities Act of 1906) (16 U.S.C. 431) is amended— (1)by striking Sec. 2. That the President and inserting the following:

2.

Designation of national monuments

(a)

In general

Subject to the requirements of this section, the President

; (2)by striking Provided, That when such objects are situated upon and inserting the following: (b)

Relinquishment of private claims

In cases in which an object described in subsection (a) is located on ; and (3)by adding at the end the following: (c)

Congressional approval of proclamation

A proclamation issued under subsection (a) shall not be implemented until the proclamation is approved by an Act of Congress. .

4.

Economic analysis by Secretary of Commerce required

The head of a Federal agency shall not take any action that modifies the authority of the Federal agency with respect to issuing permits for natural resource development on Federal land or making designations of Federal land under any law until the date on which the Secretary of Commerce completes, and submits to Congress, an economic analysis to determine— (1)whether the proposed agency action has the potential to reduce revenue to the Treasury; and (2)the potential impact of the proposed agency action on property rights and existing contracts.