Mr. Chairman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: In the table of contents of the bill, insert after item pertaining to section 302 the following: TITLE IV--GENERAL EXEMPTION FOR CERTAIN RULES Sec. 401. Exemption of certain rules, and consent decrees or settlement agreements, from the provisions of this Act. Add, at the end of the bill, the following: TITLE IV--GENERAL EXEMPTION FOR CERTAIN RULES SEC. 401. EXEMPTION OF CERTAIN RULES, AND CONSENT DECREES OR SETTLEMENT AGREEMENTS, FROM THE PROVISIONS OF THIS ACT. Notwithstanding any other provision of law, the provisions of this Act and the amendments made by this Act shall not apply in the case of a rule that the Director of the Office of Management and Budget determines would result in net job creation and whose benefits exceeds its cost, or a consent decree or settlement agreement pertaining to such a rule. In the case of such a rule, consent decree, or settlement agreement, the provisions of law amended by this Act shall apply as though such amendments had not been made. The Acting CHAIR. Pursuant to House Resolution 580, the gentleman from Georgia (Mr. Johnson) and a Member opposed each will control 5 minutes. The Chair recognizes the gentleman.
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