TITLE VII–FEDERAL TRADE COMMISSION OVERSIGHT OF HORSERACING INTEGRITY AND SAFETY AUTHORITY

 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.''.