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SB 297 - Requires an Agency to Conduct a Regulatory Analysis for Certain Proposed Rules, Including if the Costs are at least $1 million - Indiana Key Vote

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Title: Requires an Agency to Conduct a Regulatory Analysis for Certain Proposed Rules, Including if the Costs are at least $1 million

Vote Smart's Synopsis:

Vote to pass a bill that requires an agency to conduct a regulatory analysis for certain proposed rules, including if the implementation and compliance costs are at least $1 million in Indiana.

Highlights:

  • Requires an agency to conduct a regulatory analysis for certain proposed rules, including if the implementation and compliance costs are at least $1 million in Indiana (Sec. 1-3).

  • Requires the office of management and budget to notify the legislative council of certain proposed rules that have a fiscal impact of over $1,000,000 over 2 years (Sec. 1-3).

  • Specifies that the provisions of this bill shall become effective July 1, 2024 (Sec. 4).

Full Bill Text

Title: Requires an Agency to Conduct a Regulatory Analysis for Certain Proposed Rules, Including if the Costs are at least $1 million

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