,i #aacth ,,congress #ast ,session ,h4 ,r4 #bibd ,,in ,,the ,,house ,,of ,,representatives ,august #a1 #bjac ,mr4 ,marchant introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to require that the ,secretary of the ,treasury follow certain procedures relating to status applications of #eja7;c77#d7 organizations4 #a4 ,short title ,this ,act may be cited as the ,strict ,standards and ,accountability ,act4 #b4 ,certain procedures relating to status applications of #eja7;c77#d7 organizations 7a7 ,in general ,part ,i of subchapter ,f of chapter #a of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following3 #ejf4 ,procedures relating to applications of #eja7;c77#d7 organizations 7a7 ,initial notice ,the ,secretary shall acknowledge in writing the receipt of an application to be treated as an organization described in section #eja7;c77#d7 and exempt from tax under section #eja7;a7 not later than #bh days after receipt of such application4 7b7 #f months ,in the case that the ,secretary has not approved or denied such application after #f months after the date of the acknowledgment specified in paragraph 7#a7 the ,secretary shall-- 7#a7 7,a7 inform the applicant in writing as to the status of its application1 7,b7 enumerate reasons specific to the application for its delay1 and 7,c7 provide an approximate expectation of when a final decision may be made1 and 7#b7 consider such application under fast track procedures which the ,secretary shall provide by regulation or other guidance4 7c7 #a-,year 7#a7 ,in general ,in the case that the ,secretary has not approved or denied such application after #cfe days after the date of the acknowledgment specified in paragraph 7#a71 the ,secretary shall-- 7,a7 inform the applicant in writing as to the status of its application1 and 7,b7 enumerate reasons specific to the application for its delay4 7#b7 ,notice to ,congress ,if the ,secretary cannot make a decision before two months after #cfe days from the date of the initial acknowledgment under subsection 7a71 the ,secretary shall report during that time to the ,chairpersons of the ,committee on ,ways and ,means ,committee and ,senate ,finance ,committee on the extenuating circumstances of each such case that prevents timely determination thereof and provide the numerical amount of #eja7;c77#d7 applications pending for over #cfe days4 4 7b7 ,clerical amendment ,the table of sections for part ,i of subchapter ,f of chapter #a of such ,code is amended by adding at the end the following new item3 ,sec4 #ejf4 ,procedures relating to applications of #eja7;c77#d7 organizations4 4 7c7 ,effective date ,the amendment made by this section shall apply to applications submitted after the date of the enactment of this ,act4