This bill aims to improve how government agencies make rules by requiring them to consider various factors, including economic impacts and alternatives. It helps ensure that new regulations are well thought out and beneficial.
If you run a business, new regulations could be more carefully evaluated before they are put in place.
Who this affects
Government agencies · Businesses · Individuals
What changes is this bill making?
1This bill changes how government agencies create rules and regulations.
2Agencies must consider the economic impact of new rules before implementing them.
3The bill requires agencies to explore multiple options for addressing problems.
4It defines terms like 'major rule' and 'guidance' to clarify their importance.
5Agencies must assess whether existing laws contribute to the issues they aim to solve.
