1. Upon ratification of this amendment, all new statutes shall expire upon no more than ten years after enactment.
2. Upon one year after ratification of this amendment, Congress shall adopt an schedule for the systematic review of all existing statutes. All existing statutes shall expire within ten years of the date of ratification, or as specified under this schedule of review, whichever comes first.
(This establishes a "sunset law", assuring that nothing continues to get carried on the books indefinitely. It forces Congress to review and reauthorize everything at least every ten years.)