1. Endangered species reform (a) Consideration of economic impact Section 4(a) of the Endangered Species Act of 1973 ( 16 U.S.C. 1533(a) ) is amended— (1) In paragraph (1), by striking The Secretary and inserting Except as provided in paragraph (4), the Secretary ; and (2) by adding at the end the following: (4) Consideration of economic impact (A) In general The Secretary may not make a determination under paragraph (1) if such determination, or any action required as a result of such determination, would cause significant economic harm to any State or locality. (B) Significant economic harm The term significant economic harm means significant economic harm determined by considering the cumulative economic effects on— (i) public land and, to the maximum extent practicable, private land and property values; (ii) the provision of water, power, or other public services; (iii) employment; and (iv) revenues available for State and local governments. . (b) Consideration of significant, cumulative economic effects required Section 4(b)(3) of the Endangered Species Act of 1973 ( 16 U.S.C. 1533(b)(3) ) is amended— (1) in subparagraph (A)— (A) by striking To the maximum extent practicable, within 90 days after and inserting (i) After ; and (B) by adding at the end the following: (ii) The Secretary may prioritize the consideration of petitions under this subparagraph in such manner as the Secretary determines appropriate, except the Secretary may not give general priority to petitions to add species to such a list over petitions to remove a species from such a list. ; and (2) by adding at the end the following: (E) The Secretary shall, not later than 30 days after failing to meet the requirements of subparagraph (B) within 12 months with respect to a petition to which such subparagraph applies, submit a report to Congress— (i) identifying the petition; and (ii) explaining why the Secretary did not meet the deadline described in subparagraph (B) with respect to such petition. .