Is Resurgent Belief legal in Standard, Modern, and Commander?

Resurgent Belief is legal in: Modern, Legacy, Vintage, Commander.

Resurgent Belief

Q: What type of card is Resurgent Belief?

Resurgent Belief is a Sorcery. Its oracle text reads: "Suspend 2—{1}{W} (Rather than cast this card from your hand, pay {1}{W} and exile it with two time counters on it. At the beginning of your upkeep, remove a time counter. When the last is removed, you may cast it without paying its mana cost.) Return all enchantment cards from your graveyard to the battlefield. (Auras with nothing to enchant remain in your graveyard.)"

Sorcery

Suspend 2— (Rather than cast this card from your hand, pay and exile it with two time counters on it. At the beginning of your upkeep, remove a time counter. When the last is removed, you may cast it without paying its mana cost.)