REPORT AND CONGRESSIONAL REVIEW REQUIREMENT FOR CERTAIN REGULATIONS.

SEC. 205. REPORT AND CONGRESSIONAL REVIEW REQUIREMENT FOR CERTAIN REGULATIONS. A regulation prescribed by the Board shall be treated as a major rule for purposes of chapter 8 of title 5, United States Code, if the regulation defines, or amends the definition of— (1) the term “immediate family or household” for purposes of section 109(e)(1) of the Federal Credit Union Act (as added by section 101 of this Act); or (2) the term “well-defined local community, neighborhood, or rural district” for purposes of section 109(g) of the Federal Credit Union Act (as added by section 103 of this Act).