TITLE VII--FEDERAL TRADE COMMISSION OVERSIGHT OF HORSERACING INTEGRITY
AND SAFETY AUTHORITY
SEC. 701. FEDERAL TRADE COMMISSION OVERSIGHT OF HORSERACING
INTEGRITY AND SAFETY AUTHORITY.
Section 1204(e) of the Horseracing Integrity and Safety Act of 2020
(15 U.S.C. 3053(e)) is amended to read as follows:
``(e) Amendment by Commission of Rules of Authority.--The
Commission, by rule in accordance with section 553 of title
[[Page 136 STAT. 5232]]
5, United States Code, may abrogate, add to, and modify the rules of the
Authority promulgated in accordance with this Act as the Commission
finds necessary or appropriate to ensure the fair administration of the
Authority, to conform the rules of the Authority to requirements of this
Act and applicable rules approved by the Commission, or otherwise in
furtherance of the purposes of this Act.''.