This bill proposes significant updates to the Arizona Revised Statutes regarding rulemaking by agencies. It introduces new requirements for agencies to submit proposed rules that are estimated to increase regulatory costs by more than $100,000 to the Office of Economic Opportunity for review. If the estimated increase exceeds $500,000, the rule cannot take effect without legislative ratification. Additionally, the bill mandates that the Office of Economic Opportunity submit the proposed rule to the Administrative Rules Oversight Committee before the next legislative session, allowing any legislator to introduce legislation for ratification. The agency is prohibited from filing a final rule without legislative approval, and if the legislature does not ratify the rule, the agency must terminate the rulemaking process.

Furthermore, the bill allows citizens or businesses affected by a rule to request an assessment of its impact on taxpayers, which the Office of Economic Opportunity must complete within six months. It also clarifies that the legislature can eliminate any agency rule costing taxpayers over $1,000,000 per year through a concurrent resolution. The bill specifies that certain provisions, including those related to emergency rules and the Corporation Commission, are exempt from these new requirements. Overall, the proposed changes aim to enhance legislative oversight and accountability regarding agency rulemaking and its financial implications for taxpayers.

Statutes affected:
Introduced Version: 41-1049, 41-1049.01