Nydia M. Velazquez: “I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is…”

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Strike line 13 on page 39 and all that follows through line 26 on page 69, and insert the following (and conform the table of contents accordingly): TITLE III--SMALL BUSINESS REGULATORY IMPROVEMENT ACT SEC. 301. SHORT TITLE. This title may be cited as the ``Small Business Regulatory Improvement Act of 2017''. SEC. 302. CLARIFICATION AND EXPANSION OF RULES COVERED BY THE REGULATORY FLEXIBILITY ACT. Section 601 of title 5, United States Code, is amended by adding at the end the following new paragraph: ``(9) Economic impact.--The term `economic impact' means, with respect to a proposed or final rule-- ``(A) any direct economic effect on small entities of such rule; and ``(B) any indirect economic effect on small entities which is reasonably foreseeable and results from such rule (without regard to whether small entities will be directly regulated by the rule).''. SEC. 303. REQUIREMENTS PROVIDING FOR MORE DETAILED ANALYSES.…”