The bill modifies the existing process by which principal
departments of the state, including agencies and officials within each principal department of the state, adopt and annually review their rules by making the following changes:
Requiring that a cost-benefit analysis be performed for each proposed new rule or amendment of an existing rule;
Removing an exception that exempted rules relating to orders, licenses, permits, adjudication, or rules affecting the direct reimbursement of vendors or providers with state money from a cost-benefit analysis;
Requiring, in each principal department's review of its rules, an emphasis on the cost burden of the rule on the state and its residents;
Requiring legislative committees of reference to take a recorded vote on whether to support or modify the principal department's recommendations included in the department's report on the results of its mandatory review of rules as presented to the committee in the departmental regulatory agenda; and
Requiring each principal department to include, in its department regulatory agenda distributed to legislative committees of reference, a report on the revenue generated in the previous fiscal year from permit and license fees for which the amount of the fee is determined by rule.