,i #aafth ,,congress #b;d ,session ,h4 ,r4 #hief ,,in ,,the ,,house ,,of ,,representatives ,december #ad1 #bjbj,mr4 ,connolly 7for himself1 ,mrs4 ,carolyn ,b4 ,maloney of ,new ,york1 ,mr4 ,krishnamoorthi1 and ,ms4 ,speier7 introduced the following bill2 which was referred to the ,committee on the ,judiciary1 and in addition to the ,committee on ,oversight and ,reform1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to require reports on regulations issued1 and homeland security risks arising1 during a presidential transition1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,midnight ,regulations ,review ,act4 #b4 ,report on regulations promulgated near the end of presidential terms 7a7 ,report ,not later than one year after the inauguration of a new ,president1 the ,comptroller ,general of the ,united ,states shall submit to ,congress a report regarding covered regulations promulgated during the covered presidential transition period4 7b7 ,contents of report ,the report required under subsection 7a7 shall1 to the extent feasible1 for the covered presidential transition period-- 7#a7 compare the number1 scope1 and impact of1 and type of rulemaking procedure used for1 covered regulations promulgated during the covered presidential transition period to the number1 scope1 and impact of1 and type of rulemaking procedure used for1 covered regulations promulgated during the #abj-;day periods ending on ,january #bj of each year after #aiif1 other than the #abj-;day period ending on the date of the inauguration of the new ,president2 7#b7 determine the statistical significance of any differences identified under paragraph 7#a7 and whether and to what extent such differences indicate any patterns2 7#c7 evaluate the size1 scope1 and effect of the covered regulations promulgated during the covered presidential transition period2 and 7#d7 assess the extent to which the regularly required processes for the promulgation of covered regulations were followed during the covered presidential transition period1 including compliance with the requirements under-- 7,a7 chapter #h of title #e1 ,united ,states ,code 7commonly known as the ,congressional ,review ,act72 7,b7 the ,small ,business ,regulatory ,enforcement ,fairness ,act of #aiif 7#e ,u4,s4,c4 #fja note72 7,c7 sections #bjb1 #bjc1 #bjd1 and #bje of the ,unfunded ,mandates ,reform ,act of #aiie 7#b ,u4,s4,c4 #aecb-aece72 7,d7 chapter #f of title #e1 ,united ,states ,code 7commonly known as the ,regulatory ,flexibility ,act72 and 7,e7 subchapter ,i of chapter #ce of title #dd1 ,united ,states ,code 7commonly known as the ,paperwork ,reduction ,act74 #c4 ,comptroller ,general report on major rules subject to ,congressional ,review 7a7 ,identification ,beginning not later than #e weeks after ,january #bj1 #bjba1 or #e weeks after the date of the enactment of this ,act1 whichever is later1 and not later than #e weeks after each date on which a new ,president is inaugurated thereafter1 the ,comptroller ,general of the ,united ,states shall identify and submit to ,congress any major rules potentially subject to a joint resolution of disapproval pursuant to section #hjb of title #e1 ,united ,states ,code1 which were published in the ,federal ,register or for which a report was submitted to ,congress in accordance with section #hja7;a77#a77;,a7 of such title1 during-- 7#a7 the period described in section #hja7;d7 of such title2 or 7#b7 the period beginning on the date on which the period described in subparagraph 7,a7 expires and ending on the date on which a new ,president is inaugurated4 7b7 ,rule of construction ,nothing in this ,act may be construed to limit the ability to exercise authority pursuant to chapter #h of title #e1 ,united ,states ,code 7commonly known as the ,congressional ,review ,act74 #d4 ,definitions ,in this ,act3 7#a7 ,covered presidential transition period ,the term covered presidential transition period means the #abj-;day period ending on the date of the inauguration of the new ,president4 7#b7 ,covered regulation ,the term covered regulation means a final economically significant regulatory action promulgated by an agency4 7#c7 ,executive department ,the term agency has the meaning given that term in section #eea of title #e1 ,united ,states ,code4 7#d7 ,major rule ,the term major rule has the meaning given such term in section #hjd of title #e1 ,united ,states ,code4 7#e7 ,new ,president ,the term new ,president means a ,president who-- 7,a7 did not hold the office of the ,president on the day before the date of the inauguration of such ,president2 and 7,b7 is inaugurated on or before ,january #bj1 #bjcc4 7#f7 ,economically significant regulatory action ,the term economically significant regulatory action means any regulatory action that is likely to result in a rule that may have an annual effect on the economy of #ajj1jjj1jjj or more or adversely affect in a material way the economy1 a sector of the economy1 productivity1 competition1 jobs1 the environment1 public health or safety1 or ,state1 local1 or ,tribal governments or communities4