; and (D) ensure that the negotiation process is conducted in a timely manner in order that the final regulations may be issued by the Secretary within the 360-day period described in section 437(e) of the General Education Provisions Act ( 20 U.S.C. 1232(e) ). (4) Agreements and records (A) Agreements All published proposed regulations developed through the negotiation process under this subsection shall conform to all agreements resulting from such process unless the Secretary reopens the negotiated rulemaking process. (B) Records The Secretary shall ensure that a clear and reliable record is maintained of agreements reached during a negotiation process under this subsection. (e) Proposed rulemaking If the Secretary determines pursuant to subsection (d)(1) that a negotiated rulemaking process is impracticable, unnecessary, or contrary to the public interest (within the meaning of section 553(b)(3)(B) of title 5, United States Code), or the individuals selected to participate in the process under subsection (d)(3)(B) fail to reach unanimous agreement on an issue being negotiated, the Secretary may propose regulations subject to subsection (f). (f) Requirements for proposed regulations Regulations proposed pursuant to subsection (e) shall meet the following procedural requirements: (1) Congressional notice Regardless of whether congressional notice was submitted under subsection (d)(2), the Secretary shall provide to the Committee on Education and the Workforce of the House of Representatives and the Committee on Health, Education, Labor, and Pensions of the Senate notice that shall include— (A) a copy of the proposed regulations; (B) the need to issue regulations; (C) the statutory and legal authority of the Secretary to regulate the issue; (D) the anticipated burden, including the time, cost, and paperwork burden, the regulations will have on institutions of higher education and other entities that may be impacted by the regulations