Joint Administrative Procedures Committee Act of 2005 or JACP Act - Establishes a Joint Administrative Procedures Committee in the Congress to: (1) selectively review existing major rules of any federal agency; and (2) recommend to the congressional committees of jurisdiction that they take appropriate legislative action to amend or repeal laws within their jurisdictions sufficient to effectuate its recommendations and to such federal agency that it amend or repeal all or any part of such major rules.
Requires the Joint Administrative Committee to periodically review the regulatory plan of each federal agency of its most important significant regulatory actions that the agency reasonably expects to issue in proposed or final form to the Office of Information and Regulatory Affairs of the Office of Management and Budget.