As ordered reported by the House Committee on Oversight and Government Reform on April 26, 2012
H.R. 4607 would prohibit federal agencies from promulgating significant regulatory actions from Election Day through Inauguration Day unless an incumbent President is reelected. The bill defines significant regulatory actions as those having an impact of more than $100 million on the economy, causing major increases in costs or prices, or having adverse effects on consumers and business. The legislation, however, would provide a number of exemptions to the prohibition.
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