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House Bill 8788
116th Congress(2019-2020)
THRIVE Act
Introduced
Introduced
Introduced in House on Nov 19, 2020
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Introduced in House 
Nov 19, 2020
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Introduced in House(Nov 19, 2020)
Nov 19, 2020
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
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H. R. 8788 (Introduced-in-House)


116th CONGRESS
2d Session
H. R. 8788


To amend title 5, United States Code, to exempt deregulatory rule from congressional review requirements, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

November 19, 2020

Mr. Loudermilk (for himself, Mr. Allen, and Mr. Flores) introduced the following bill; which was referred to the Committee on the Judiciary

A BILL

To amend title 5, United States Code, to exempt deregulatory rule from congressional review requirements, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Terminating Heavy Regulations to Invigorate a Vibrant Economy Act” or the “THRIVE Act”.

SEC. 2. Congressional Review Act deregulatory rule exemption.

(a) In general.—Chapter 8 of title 5, United States Code (commonly known as the “Congressional Review Act”), is amended—

(1) in section 804, by adding at the end the following:

“(4) DEREGULATORY ACTION.—The term ‘deregulatory rule’—

“(A) means a rule that has been finalized by the promulgating agency and has total costs less than zero;

“(B) includes a rule that—

“(i) repeals or revises an existing rule; and

“(ii) is cost saving as determined by the promulgating agency for purposes of the total incremental cost allowance; and

“(C) includes a rule promulgated pursuant to an informal, formal, or negotiated rulemaking.

“(5) TOTAL INCREMENTAL ALLOWANCE.—The term ‘total incremental allowance’ means the total amount of incremental costs that may be allowed for each agency in issuing new regulations and repealing regulations for the next fiscal year.”; and

(2) by inserting after section 807 the following:

Ҥ 807A. Deregulatory rule exemption

“Nothing in this chapter shall apply to any deregulatory rule.”.

(b) Clerical amendment.—The table of sections for chapter 8 of title 5, United States Code, is amended by inserting after the item relating to section 807 the following:


“807A. Deregulatory rule exemption.”.

SEC. 3. Definition of rule.

Section 551(4) of title 5, United States Code, is amended—

(1) by striking “means” and inserting the following: “—

“(A) means”;

(2) by striking “foregoing;” and inserting “foregoing; and”; and

(3) by adding at the end the following:

“(B) includes guidance documents;”.