,,ii #aaith ,,congress #b;d ,session ,s4 #ciih ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #e1 #bjbf,mr4 ,lee introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,promoting ,innovation and ,offering the ,needed ,escape from ,exhaustive ,regulations ,act or the ,,pioneer ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,office of ,information and ,regulatory ,affairs4 7#b7 ,agency2 rule ,the terms agency and rule have the meanings given those terms in section #eea of title #e1 ,united ,states ,code4 7#c7 ,applicable agency ,the term applicable agency means an agency that has jurisdiction over the enforcement or implementation covered provision for which an applicant is seeking a waiver under the ,program4 7#d7 ,covered provision ,the term covered provision means-- 7,a7 a rule1 including a rule required to be issued under law2 or 7,b7 guidance or any other document issued by an agency4 7#e7 ,director ,the term ,director means the ,director of the ,office4 7#f7 ,economic damage ,the term economic damage means a risk that is likely to cause tangible1 physical harm to the property or assets of consumers4 7#g7 ,health or safety ,the term health or safety1 with respect to a risk1 means the risk is likely to cause bodily harm to a human life1 loss of human life1 or an inability to sustain the health or life of a human being4 7#h7 ,office ,the term ,office means the ,office of ,federal ,regulatory ,relief established under section #c7;a74 7#i7 ,program ,the term ,program means the program established under section #d7;a74 7#aj7 ,unfair or deceptive trade practice ,the term unfair or deceptive trade practice has the meaning given the term in-- 7,a7 the ,policy ,statement of the ,federal ,trade ,commission on ,deception1 issued on ,october #ad1 #aihc2 and 7,b7 the ,policy ,statement of the ,federal ,trade ,commission on ,unfairness1 issued on ,december #ag1 #aihj4 #c4 ,office of ,federal ,regulatory ,relief 7a7 ,establishment ,there is established within the ,office of ,information and ,regulatory ,affairs within the ,office of ,management and ,budget an ,office of ,federal ,regulatory ,relief4 7b7 ,director 7#a7 ,in general ,the ,office shall be headed by a ,director1 who shall be the ,administrator or a designee thereof1 who shall-- 7,a7 be responsible for-- 7i7 establishing a regulatory sandbox program described in section #d2 7ii7 receiving ,program applications and ensuring those applications are complete2 7iii7 referring complete ,program applications to the applicable agencies2 7iv7 filing final ,program application decisions from the applicable agencies2 7v7 hearing appeals from applicants if their applications are denied by an applicable agency in accordance with section #d7;c77#h72 and 7vi7 designating staff to the ,office as needed2 and 7,b7 not later than #ahj days after the date of enactment of this ,act-- 7i7 establish a process that is used to assess likely health and safety risks1 risks that are likely to cause economic damage1 and the likelihood for unfair or deceptive practices to be committed against consumers related to applications submitted for the ,program1 which shall be-- 7,i7 published in the ,federal ,register and made publicly available with a detailed list of the criteria used to make such determinations2 and 7,,ii7 subject to public comment before final publication in the ,federal ,register2 and 7ii7 establish the application process described in section #d7;c77#a74 7#b7 ,advisory boards 7,a7 ,establishment ,the ,director shall require the head of each agency to establish an advisory board1 which shall-- 7i7 be composed of #aj private sector representatives appointed by the head of the agency-- 7,i7 with expertise in matters under the jurisdiction of the agency1 with not more than #e representatives from the same political party2 7,,ii7 who shall serve for a period of not more than #c years2 and 7,,iii7 who shall not receive any compensation for participation on the advisory board2 and 7ii7 be responsible for providing input to the head of the agency for each ,program application received by the agency4 7,b7 ,vacancy ,a vacancy on an advisory board established under subparagraph 7,a71 including a temporary vacancy due to a recusal under subparagraph 7,c77ii71 shall be filled in the same manner as the original appointment with an individual who meets the qualifications described in subparagraph 7,a77i77,i74 7,c7 ,conflict of interest 7i7 ,in general ,if a member of an advisory board established under subparagraph 7,a7 is also the member of the board of an applicant that submits an application under review by the advisory board1 the head of the agency or a designee thereof may appoint a temporary replacement for that member4 7ii7 ,financial interest ,each member of an advisory board established under subparagraph 7,a7 shall recuse themselves from advising on an application submitted under the ,program for which the member has a conflict of interest as described in section #bjh of title #ah1 ,united ,states ,code4 7,d7 ,small business concerns ,not less than #e of the members of each advisory board established under subparagraph 7,a7 shall be representatives of a small business concern1 as defined in section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 7,e7 ,rule of construction ,nothing in this ,act shall be construed to prevent an agency from establishing additional advisory boards as needed to assist in reviewing ,program applications that involve multiple or unique industries4 #d4 ,regulatory sandbox program 7a7 ,in general ,the ,director shall establish a regulatory sandbox program under which applicable agencies shall grant or deny waivers of covered provisions to temporarily test products or services on a limited basis1 or undertake a project to expand or grow business facilities consistent with the purpose described in subsection 7b71 without otherwise being licensed or authorized to do so under that covered provision4 7b7 ,purpose ,the purpose of the ,program is to incentivize the success of current or new businesses1 the expansion of economic opportunities1 the creation of jobs1 and the fostering of innovation4 7c7 ,application process for waivers 7#a7 ,in general ,the ,office shall establish an application process for the waiver of covered provisions1 which shall require that an application shall-- 7,a7 confirm that the applicant-- 7i7 is subject to the jurisdiction of the ,federal ,government2 and 7ii7 has established or plans to establish a business that is incorporated or has a principal place of business in the ,united ,states from which their goods or services are offered from and their required documents and data are maintained2 7,b7 include relevant personal information such as the legal name1 address1 telephone number1 email address1 and website address of the applicant2 7,c7 disclose any criminal conviction of the applicant or other participating persons1 if applicable2 7,d7 contain a description of the good1 service1 or project to be offered by the applicant for which the applicant is requesting waiver of a covered provision by the ,office under the ,program1 including-- 7i7 how the applicant is subject to licensing1 prohibitions1 or other authorization requirements outside of the ,program2 7ii7 each covered provision that the applicant seeks to have waived during participation in the ,program2 7iii7 how the good1 service1 or project would benefit consumers2 7iv7 what likely risks the participation of the applicant in the ,program may pose1 and how the applicant intends to reasonably mitigate those risks2 7v7 how participation in the ,program would render the offering of the good1 service1 or project successful2 7vi7 a description of the plan and estimated time periods for the beginning and end of the offering of the good1 service1 or project under the ,program2 7vii7 a recognition that the applicant will be subject to all laws and rules after the conclusion of the offering of the good1 service1 or project under the ,program2 7viii7 how the applicant will end the demonstration of the offering of the good1 service1 or project under the ,program2 7ix7 how the applicant will repair harm to consumers if the offering of the good1 service1 or project under the ,program fails2 and 7x7 a list of each agency that regulates the business of the applicant2 and 7,e7 include any other information as required by the ,office4 7#b7 ,assistance ,the ,office may1 upon request1 provide assistance to an applicant to complete the application process for a waiver under the ,program1 including by providing the likely covered provisions that could be eligible for such a waiver4 7#c7 ,agency review 7,a7 ,transmission ,not later than #ad days after the date on which the ,office receives an application under paragraph 7#a71 the ,office shall submit a copy of the application to each applicable agency4 7,b7 ,review ,the head of an applicable agency1 or a designee thereof1 shall review a ,program application received under subparagraph 7,a7 with input from the advisory board established under section #c7;b77#b74 7,c7 ,considerations ,in reviewing a copy of an application submitted to an applicable agency under subparagraph 7,a71 the head of the applicable agency1 or a designee thereof1 with input from the advisory board of the applicable agency established under section #c7;b77#b71 shall consider whether-- 7i7 the plan of the applicant to deploy their offering will adequately protect consumers from harm2 7ii7 the likely health and safety risks1 risks that are likely to cause economic damage1 and the likelihood for unfair or deceptive practices to be committed against consumers are outweighed by the potential benefits to consumers from the offering of the applicant2 and 7iii7 it is possible to provide the applicant a waiver even if the ,office does not waive every covered provision requested by the applicant4 7,d7 ,final decision 7i7 ,in general ,subject to clause 7ii71 the head of an applicable agency1 or a designee thereof1 who receives a copy of an application under subparagraph 7,a7 shall1 with the consideration of the recommendations of the advisory board of the applicable agency established under section #c7;b77#b71 make the final decision to grant or deny the application4 7ii7 ,in part approval 7,i7 ,in general ,if more than #a applicable agency receives a copy of an application under subparagraph 7,a7-- 7aa7 the head of each applicable agency 7or their designees71 with input from the advisory board of the applicable agency established under section #c7;b77#b71 shall grant or deny the waiver of the covered provisions over which the applicable agency has jurisdiction for enforcement or implementation2 and 7bb7 if each applicable agency that receives an application under subparagraph 7,a7 grants the waiver under item 7aa71 the ,director shall grant the entire application4 7,,ii7 ,in part approval by ,director ,if an applicable agency denies part of an application under subclause 7,i7 but another applicable agency grants part of the application1 the ,director shall approve the application in part and specify in the final decision which covered provisions are waived4 7,e7 ,record of decision 7i7 ,in general ,not later than #ahj days after receiving a copy of an application under subparagraph 7,a71 an applicable agency shall approve or deny the application and submit to the ,director a record of the decision1 which shall include a description of each likely health and safety risk1 each risk that is likely to cause economic damage1 and the likelihood for unfair or deceptive practices to be committed against consumers that the covered provision the applicant is seeking to have waived protects against1 and-- 7,i7 if the application is approved1 a description of how the identifiable1 significant harms will be mitigated and how consumers will be protected under the waiver2 7,,ii7 if the applicable agency denies the waiver1 a description of the reasons for the decision1 including why a waiver would likely cause health and safety risks1 likely cause economic damage1 and increase the likelihood for unfair or deceptive practices to be committed against consumers1 and the likelihood of such risks occurring1 as well as reasons why the application cannot be approved in part or reformed to mitigate such risks2 and 7,,iii7 if the applicable agency determines that a waiver would likely cause health and safety risks1 likely cause economic damage1 and there is likelihood for unfair or deceptive practices to be committed against consumers as a result of the covered provision that an applicant is requesting to have waived1 but the applicable agency determines such risks can be protected through less restrictive means than denying the application1 the applicable agency shall provide a recommendation of how that can be achieved4 7ii7 ,no record submitted ,if the applicable agency does not submit a record of the decision with respect to an application for a waiver submitted to the applicable agency1 the ,office shall assume that the applicable agency does not object to the granting of the waiver4 7iii7 ,extension ,the applicable agency may request one #cj-;day extension of the deadline for a record of decision under clause 7i74 7iv7 ,expedited review ,if the applicable agency provides a recommendation described in clause 7i77,,iii71 the ,office shall provide the applicant with a #fj-;day period to make necessary changes to the application1 and the applicant may resubmit the application to the applicable agency for expedited review over a period of not more than #fj days4 7#d7 ,nondiscrimination ,in considering an application for a waiver1 an applicable agency shall not unreasonably discriminate among applications under the ,program or resort to any unfair or unjust discrimination for any reason4 7#e7 ,fee ,the ,office may collect an application fee from each applicant under the ,program1 which-- 7,a7 shall be in a fair amount and reflect the cost of the service provided2 7,b7 shall be deposited in the general fund of the ,treasury and allocated to the ,office1 subject to appropriations2 and 7,c7 shall not be increased more frequently than once every #b years4 7#f7 ,written agreement ,if each applicable agency grants a waiver requested in an application submitted under paragraph 7#a71 the waiver shall not be effective until the applicant enters into a written agreement with the ,office that describes each covered provision that is waived under the ,program4 7#g7 ,limitation ,an applicable agency may not waive under the ,program any tax1 fee1 or charge imposed by the ,federal ,government4 7#h7 ,appeals 7,a7 ,in general ,if an applicable agency denies an application under paragraph 7#c77;,e71 the applicant may submit to the ,office one appeal for reconsideration1 which shall-- 7i7 address the comments of the applicable agency that resulted in denial of the application2 and 7ii7 include how the applicant plans to mitigate the likely risks identified by the applicable agency4 7,b7 ,office response ,not later than #fj days after receiving an appeal under subparagraph 7,a71 the ,director shall-- 7i7 determine whether the appeal sufficiently addresses the concerns of the applicable agency2 and 7ii7 7,i7 if the ,director determines that the appeal sufficiently addresses the concerns of the applicable agency1 file a record of decision detailing how the concerns have been remedied and approve the application2 or 7,,ii7 if the ,director determines that the appeal does not sufficiently address the concerns of the applicable agency1 file a record of decision detailing how the concerns have not been remedied and deny the application4 7#i7 ,nondiscrimination ,the ,office shall not unreasonably discriminate among applications under the ,program or resort to any unfair or unjust discrimination for any reason in the implementation of the ,program4 7#aj7 ,judicial review 7,a7 ,record of decision ,a record of decision described in paragraph 7#c77;,e7 or 7#h77;,b7 shall be considered a final agency action for purposes of review under section #gjd of title #e1 ,united ,states ,code4 7,b7 ,limitation ,a reviewing court considering claims made against a final agency action under this ,act shall be limited to whether the agency acted in accordance with the requirements set forth under this ,act4 7,c7 ,right to judicial review ,nothing in this paragraph shall be construed to establish a right to judicial review under this ,act4 7d7 ,period of waiver 7#a7 ,initial period ,except as provided in this subsection1 a waiver granted under the ,program shall be for a term of #b years4 7#b7 ,continuance ,the ,office may continue a waiver granted under the ,program for a maximum of #d additional periods of #b years as determined by the ,office4 7#c7 ,notification ,not later than #cj days before the end of an initial waiver period under paragraph 7#a71 an entity that is granted a waiver under the ,program shall notify the ,office if the entity intends to seek a continuance under paragraph 7#b74 7#d7 ,revocation 7,a7 ,significant harm ,if the ,office determines that an entity that was granted a waiver under the ,program is causing significant harm to the health or safety of the public1 inflicting severe economic damage on the public1 or engaging in unfair or deceptive practices1 the ,office may immediately end the participation of the entity in the ,program by revoking the waiver4 7,b7 ,compliance ,if the ,office determines that an entity that was granted a waiver under the ,program is not in compliance with the terms of the ,program1 the ,office shall give the entity #cj days to correct the action1 and if the entity does not correct the action by the end of the #cj-;day period1 the ,office may end the participation of the entity in the ,program by revoking the waiver4 7e7 ,terms ,an entity for which a waiver is granted under the ,program shall be subject to the following terms3 7#a7 ,a covered provision may not be waived if the waiver would prevent a consumer from seeking actual damages or an equitable remedy in the event that a consumer is harmed4 7#b7 ,while a waiver is in use1 the entity shall not be subject to the criminal or civil enforcement of a covered provision identified in the waiver4 7#c7 ,an agency may not file or pursue any punitive action against a participant during the period for which the waiver is in effect1 including a fine or license suspension or revocation for the violation of a covered provision identified in the waiver4 7#d7 ,the entity shall not have immunity related to any criminal offense committed during the period for which the waiver is in effect4 7#e7 ,the ,federal ,government shall not be responsible for any business losses or the recouping of application fees if the waiver is denied or the waiver is revoked at any time4 7f7 ,consumer protection 7#a7 ,in general ,before distributing an offering to consumers under a waiver granted under the ,program1 and throughout the duration of the waiver1 an entity shall publicly disclose the following to consumers3 7,a7 ,the name and contact information of the entity4 7,b7 ,that the entity has been granted a waiver under the ,program1 and if applicable1 that the entity does not have a license or other authorization to provide an offering under covered provisions outside of the waiver4 7,c7 ,if applicable1 that the offering is undergoing testing and may not function as intended and may expose the consumer to certain risks as identified in the record of decision of the applicable agency submitted under section #d7;c77#c77;,e74 7,d7 ,that the entity is not immune from civil liability for any losses or damages caused by the offering4 7,e7 ,that the entity is not immune from criminal prosecution for violation of covered provisions that are not suspended under the waiver4 7,f7 ,that the offering is a temporary demonstration and may be discontinued at the end of the initial period under subsection 7d77#a74 7,g7 ,the expected commencement date of the initial period under subsection 7d77#a74 7,h7 ,the contact information of the ,office and that the consumer may contact the ,office and file a complaint4 7#b7 ,online offering ,with respect to an offering provided over the internet under the ,program1 the consumer shall acknowledge receipt of the disclosures required under paragraph 7#a7 before any transaction is completed4 7g7 ,record keeping 7#a7 ,in general ,an entity that is granted a waiver under this section shall retain records1 documents1 and data produced that is directly related to the participation of the entity in the ,program4 7#b7 ,notification before ending offering ,if an applicant decides to end their offering before the initial period ends under subsection 7d77#a71 the applicant shall submit to the ,office and the applicable agency a report on actions taken to ensure consumers have not been harmed as a result4 7#c7 ,request for documents ,the ,office may request records1 documents1 and data from an entity that is granted a waiver under this section that is directly related to the participation of the entity in the ,program1 and upon the request1 the applicant shall make such records1 documents1 and data available for inspection by the ,office4 7#d7 ,notification of incidents ,an entity that is granted a waiver under this section shall notify the ,office and any applicable agency of any incident that results in harm to the health or safety of consumers1 severe economic damage1 or an unfair or deceptive practice under the ,program not later than #gb hours after the incident occurs4 7h7 ,reports 7#a7 ,entities granted a waiver 7,a7 ,in general ,any entity that is granted a waiver under this section shall submit to the ,office reports that include-- 7i7 how many consumers are participating in the good1 service1 or project offered by the entity under the ,program2 7ii7 an assessment of the likely risks and how mitigation is taking place2 7iii7 any previously unrealized risks that have manifested2 and 7iv7 a description of any adverse incidents and the ensuing process taken to repair any harm done to consumers4 7,b7 ,timing ,an entity shall submit a report required under subparagraph 7,a7-- 7i7 #aj days after #cj days elapses from commencement of the period for which a waiver is granted under the ,program2 7ii7 #cj days after the halfway mark of the period described in clause 7i72 and 7iii7 #cj days before the expiration of the period described in subsection 7d77#a74 7#b7 ,annual report by ,director ,the ,director shall submit to ,congress an annual report on the ,program1 which shall include1 for the year covered by the report-- 7,a7 the number of applications approved2 7,b7 the name and description of each entity that was granted a waiver under the ,program2 7,c7 any benefits realized to the public from the ,program2 and 7,d7 any harms realized to the public from the ,program4 7i7 ,special message to ,congress 7#a7 ,definition ,in this subsection1 the term covered resolution means a joint resolution-- 7,a7 the matter after the resolving clause of which contains only-- 7i7 a list of some or all of the covered provisions that were recommended for repeal under paragraph 7#b77;,a77ii7 in a special message submitted to ,congress under that paragraph2 and 7ii7 a provision that immediately repeals the listed covered provisions described in paragraph 7#b77;,a77ii7 upon enactment of the joint resolution2 and 7,b7 upon which ,congress completes action before the end of the first period of #fj calendar days after the date on which the special message described in subparagraph 7,a77i7 of this paragraph is received by ,congress4 7#b7 ,submission 7,a7 ,in general ,not later than the first day on which both ,houses of ,congress are in session after ,may #a of each year1 the ,director shall submit to ,congress a special message that-- 7i7 details each covered provision that the ,office recommends should be amended or repealed as a result of entities being able to operate safely without those covered provisions during the ,program2 7ii7 lists any covered provision that should be repealed as a result of having been waived for a period of not less than #f years during the ,program2 and 7iii7 explains why each covered provision described in clauses 7i7 and 7ii7 should be amended or repealed4 7,b7 ,delivery to ,house and ,senate2 printing ,each special message submitted under subparagraph 7,a7 shall be-- 7i7 delivered to the ,clerk of the ,house of ,representatives and the ,secretary of the ,senate2 and 7ii7 printed in the ,congressional ,record4 7#c7 ,procedure in ,house and ,senate 7,a7 ,referral ,a covered resolution shall be referred to the appropriate committee of the ,house of ,representatives or the ,senate1 as the case may be4 7,b7 ,discharge of committee ,if the committee to which a covered resolution has been referred has not reported the resolution at the end of #be calendar days after the introduction of the resolution-- 7i7 the committee shall be discharged from further consideration of the resolution2 and 7ii7 the resolution shall be placed on the appropriate calendar4 7#d7 ,floor consideration in the ,house 7,a7 ,motion to proceed 7i7 ,in general ,when the committee of the ,house of ,representatives has reported1 or has been discharged from further consideration of1 a covered resolution1 it shall at any time thereafter be in order 7even though a previous motion to the same effect has been disagreed to7 to move to proceed to the consideration of the resolution4 7ii7 ,privilege ,a motion described in clause 7i7 shall be highly privileged and not debatable4 7iii7 ,no amendment or motion to reconsider ,an amendment to a motion described in clause 7i7 shall not be in order1 nor shall it be in order to move to reconsider the vote by which the motion is agreed to or disagreed to4 7,b7 ,debate 7i7 ,in general ,debate in the ,house of ,representatives on a covered resolution shall be limited to not more than #b hours1 which shall be divided equally between those favoring and those opposing the resolution4 7ii7 ,no motion to reconsider ,it shall not be in order in the ,house of ,representatives to move to reconsider the vote by which a covered resolution is agreed to or disagreed to4 7,c7 ,no motion to postpone consideration or proceed to consideration of other business ,in the ,house of ,representatives1 motions to postpone1 made with respect to the consideration of a covered resolution1 and motions to proceed to the consideration of other business1 shall not be in order4 7,d7 ,appeals from decisions of chair ,an appeal from the decision of the ,chair relating to the application of the ,rules of the ,house of ,representatives to the procedure relating to a covered resolution shall be decided without debate4 7#e7 ,floor consideration in the ,senate 7,a7 ,motion to proceed 7i7 ,in general ,notwithstanding ,rule ,,xxii of the ,standing ,rules of the ,senate1 when the committee of the ,senate to which a covered resolution is referred has reported1 or has been discharged from further consideration of1 a covered resolution1 it shall at any time thereafter be in order 7even though a previous motion to the same effect has been disagreed to7 to move to proceed to the consideration of the resolution and all points of order against the covered resolution are waived4 7ii7 ,division of time ,a motion to proceed described in clause 7i7 is subject to #d hours of debate divided equally between those favoring and those opposing the covered resolution4 7iii7 ,no amendment or motion to postpone or proceed to other business ,a motion to proceed described in clause 7i7 is not subject to-- 7,i7 amendment2 7,,ii7 a motion to postpone2 or 7,,iii7 a motion to proceed to the consideration of other business4 7,b7 ,floor consideration 7i7 ,general ,in the ,senate1 a covered resolution shall be subject to #aj hours of debate divided equally between those favoring and those opposing the covered resolution4 7ii7 ,amendments ,in the ,senate1 no amendment to a covered resolution shall be in order1 except an amendment that strikes from or adds to the list required under paragraph 7#a77;,a77i7 a covered provision recommended for amendment or repeal by the ,office4 7iii7 ,motions and appeals ,in the ,senate1 a motion to reconsider a vote on final passage of a covered resolution shall not be in order1 and points of order1 including questions of relevancy1 and appeals from the decision of the ,presiding ,officer1 shall be decided without debate4 7#f7 ,receipt of resolution from other ,house ,if1 before passing a covered resolution1 one ,house receives from the other a covered resolution-- 7,a7 the covered resolution of the other ,house shall not be referred to a committee and shall be deemed to have been discharged from committee on the day on which it is received2 and 7,b7 the procedures set forth in paragraph 7#d7 or 7#e71 as applicable1 shall apply in the receiving ,house to the covered resolution received from the other ,house to the same extent as those procedures apply to a covered resolution of the receiving ,house4 7#g7 ,rules of the ,house of representatives and the ,senate ,paragraphs 7#b7 through 7#f7 are enacted by ,congress-- 7,a7 as an exercise of the rulemaking power of the ,house of ,representatives and the ,senate1 respectively1 and as such are deemed a part of the rules of each ,house1 respectively1 but applicable only with respect to the procedures to be followed in the ,house in the case of covered resolutions1 and supersede other rules only to the extent that they are inconsistent with such other rules2 and 7,b7 with full recognition of the constitutional right of either ,house to change the rules 7so far as relating to the procedure of that ,house7 at any time1 in the same manner1 and to the same extent as in the case of any other rule of that ,house4 7j7 ,rule of construction ,nothing in this section shall be construed to-- 7#a7 require an entity that is granted a waiver under this section to publicly disclose proprietary information1 including trade secrets or commercial or financial information that is privileged or confidential2 or 7#b7 affect any other provision of law or regulation applicable to an entity that is not included in a waiver provided under this section4 7k7 ,authorization of appropriations ,there are authorized to be appropriated to the ,office to carry out this section an amount that is not more than the amount of funds deposited into the ,treasury from the fees collected under subsection 7c77#e74