,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #ibfc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,novemb] #c1 #bjbb,mr4
 ,clyde 7= himself1 ,mrs4 ,mill] (      
,ill9ois1 & ,mr4 ,com]7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ov]sight & ,re=m1 & 9    
addition to ! ,committee on ! ,judici>y1
 = a p]iod to be subsequ5tly det]m9$ by 
! ,speak]1 9 ea* case = consid]ation (  
su* provisions z fall )9 ! jurisdiction 
( ! committee conc]n$  ,a ,,bill  ,to   
require ! ,comptroll] ,g5]al ( ! ,unit$ 
,/ates to report on ! impact ( major    
rules on inflation & gross dome/ic      
product1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,expose 
,bid5's ,inflation1 ,deficits1 &        
,economic ,neglect ,act ( #bjbb or !    
,expose ,,bid5 ,act4  #b4 ,comptroll]   
,g5]al ,report on impact ( major rules  
on inflation & gross dome/ic product    
7a7 ,review  7#a7 ,9 g5]al ,beg9n+ on ! 
date describ$ "u p>agraph 7#b71 !       
,comptroll] ,g5]al ( ! ,unit$ ,/ates    

%all review ea* major rule to det]m9e ! 
impact ( ea* su* rule on ! economy ( !  
,unit$ ,/ates1 includ+-- 7,a7 ! impact (
 ea* su* rule on-- 7i7 inflation 9 !    
,unit$ ,/ates2 &  7ii7 ! gross dome/ic  
product ( ! ,unit$ ,/ates2 &  7,b7 :e!r 
any su* rule contribut$ to-- 7i7 an     
increase 9 inflation 9 ! ,unit$ ,/ates2 
or  7ii7 a decl9e 9 ! gross dome/ic     
product ( ! ,unit$ ,/ates4  7#b7 ,tim+ (
 review ,! ,comptroll] ,g5]al %all beg9 
conduct+ ! review requir$ by p>agraph   
7#a7 on-- 7,a7 ! effective date1 if !   
,director has issu$ two consecutive     
reports on ! gross dome/ic product ( !  
,unit$ ,/ates indicat+ a decl9e 9 su*   
gross dome/ic product 9 ! two qu>t]s    
prec$+ ! effective date2 or  7,b7 if !  
,director has n issu$ two consecutive   
reports on ! gross dome/ic product ( !  
,unit$ ,/ates indicat+ a decl9e 9 su*   
gross dome/ic product 9 ! two qu>t]s    
prec$+ ! effective date1 :i*ev] occurs  
fir/ aft] ! effective date3 7i7 ,! fir/ 
date on :i* ! ,director det]m9es t !    

gross dome/ic product ( ! ,unit$ ,/ates 
decl9$ 9 ! two qu>t]s prec$+ su* date4  
7ii7 ,! publication date ( ! fir/ mon?ly
 report publi%$ by ! ,bureau ( ,labor   
,/ati/ics t %[s an increase ( #e p]c5t  
or great] 9 ! ,consum] ,price ,index =  
,all ,urban ,consum]s 7,,cpi-,u7 ov] a  
#ab-mon? p]iod4  7b7 ,report ,n lat] ?an
 #f mon?s aft] ! date on :i* !          
,comptroll] ,g5]al beg9s conduct+ !     
review requir$ by subsection 7a71 !     
,comptroll] ,g5]al %all submit to !     
,presid5t1 ,committee on ,ov]sight &    
,re=m ( ! ,h\se ( ,repres5tatives1 & !  
,committee on ,homel& ,security &       
,gov]nm5tal ,affairs ( ! ,s5ate a report
 on su* review t includes-- 7#a7 a      
description ( any impact ( su* rules    
on-- 7,a7 inflation 9 ! ,unit$ ,/ates2 &
  7,b7 ! gross dome/ic product ( !      
,unit$ ,/ates2 &  7#b7 an id5tification 
( any su* rule t ! ,comptroll] ,g5]al   
det]m9es contribut$ to-- 7,a7 an        
increase 9 inflation 9 ! ,unit$ ,/ates2 
or  7,b7 a decl9e 9 ! gross dome/ic     

product ( ! ,unit$ ,/ates4  7c7         
,susp5sion ( en=cem5t & promulgations ( 
major rules dur+ prep>ation ( report    
,dur+ ! p]iod 9 :i* ! ,comptroll] ,g5]al
 is prep>+ ! report requir$ by          
subsection 7b7-- 7#a7 no major rule may 
be en=c$2 &  7#b7 no major rule may be  
promulgat$4  7d7 ,rescission &          
promulgation ( rules t contribute to    
decl9e 9 ,,gdp & inflation  7#a7        
,rescission ( rules ,foll[+ ! submission
 ( ! report "u subsection 7b71 ! head ( 
ea* relevant ,f$]al ag5cy %all p]man5tly
 resc9d any rule id5tifi$ 9 ! report z  
be+ %[n to h contribut$ to-- 7,a7 an    
increase 9 inflation 9 ! ,unit$ ,/ates2 
or  7,b7 a decl9e 9 ! gross dome/ic     
product ( ! ,unit$ ,/ates4  7#b7        
,replacem5t rules ,! head ( a ,f$]al    
ag5cy may n promulgate a rule to replace
 a rule resc9d$ "u p>agraph 7#a7 be=e ! 
sunset date unless su* head demon/rates 
to ! ,comptroll] ,g5]al ( ! ,unit$      
,/ates t su* rule w n contribute to--   
7,a7 an increase 9 inflation 9 ! ,unit$ 

,/ates2 or  7,b7 a decl9e 9 ! gross     
dome/ic product ( ! ,unit$ ,/ates4  7e7 
,def9itions ,9 ?is section3 7#a7        
,director ,! t]m ,director means !      
,secret>y ( ,comm]ce1 act+ ?r\gh !      
,director ( ! ,bureau ( ,economic       
,analysis4  7#b7 ,effective date ,! t]m 
effective date means ! date ( ! enactm5t
 ( ?is ,act4  7#c7 ,major rule ,! t]m   
major rule has ! mean+ giv5 ! t]m 9     
section #hjd ( title #e1 ,unit$ ,/ates  
,code1 except t su* t]m does n include  
any rule issu$ be=e #ab3jj p4m41 ,janu>y
 #bj1 #bjba4  7#d7 ,sunset date ,! t]m  
sunset date means ! date t is ?ree mon?s
 aft] ! fir/ date aft] ! effective date 
on :i*-- 7,a7 ! ,director issues a      
report indicat+ t ! gross dome/ic       
product ( ! ,unit$ ,/ates has-- 7i7     
increas$ 9 ! two consecutive qu>t]s     
prec$+ ! date on :i* ! ,director issues 
! report2 &  7ii7 met or exce$$ ! gross 
dome/ic product = ! qu>t] prec$+ su* two
 consecutive qu>t]s2 &  7,b7 ! ,bureau (
 ,labor ,/ati/ics publi%es a mon?ly     

report t %[s an increase ( #b4e p]c5t or
 less 9 ! ,consum] ,price ,index = ,all 
,urban ,consum]s 7,,cpi-,u7 ov] a       
#ab-mon? p]iod4