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'''Congressional Review of Agency Rulemaking''' | '''Congressional Review of Agency Rulemaking''' | ||
Under the CRA | Under the CRA, agencies must submit all new rules to Congress and Comptroller General, along with copies of any cost-benefit analysis, regulatory flexibility analysis, and analysis undertaken pursuant to the Unfunded Mandates Reform Act. | ||
* A major rule cannot take effect until 60 days after the previous information is submitted to Congress, or after the rule is published in the Federal Register, whichever date is later. | * A major rule cannot take effect until 60 days after the previous information is submitted to Congress, or after the rule is published in the Federal Register, whichever date is later. | ||
* A “major rule” is one with an annual economic impact of $100 million or more or with other significant regulatory impacts identified in the legislation. | * A “major rule” is one with an annual economic impact of $100 million or more or with other significant regulatory impacts identified in the legislation. |