For a major rule, the Interim Rules Review Committee may: (1) Revert the rule to an earlier step in the rule adoption procedure to permit consideration of an amendment to the proposed rule that would no longer make it a major rule; (2) Determine there is sufficient legislative authority for the agency to implement the proposed rule and declare the rulemaking process complete; or (3) Recommend that the rule be brought as future legislation, and that the Legislature vote to enact or not to enact the legislation. If the agency proposing the major rule seeks to amend the rule for the Interim Rules Review Committee's reconsideration, the agency must submit an updated regulatory impact analysis to the commissioner of the Bureau of Finance and Management, code counsel, and the Interim Rules Review Committee, at least twenty days prior to the committee hearing at which the rule is to be reconsidered. Any proposed rule addressed pursuant to this section must be reported to the Executive Board of the Legislative Research Council annually prior to the regular session. Any legislation seeking to enact the substance of any proposed rule addressed pursuant to this section, whether in statute or as directed via the permanent rulemaking process, must be denoted as having substance that was previously brought before the Interim Rules Review Committee as a major rule, and whether or not the Interim Rules Review Committee recommended enactment of that substance.
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