The bill mandates the establishment of a red tape reduction internet site by the secretary of state. This site will serve as a platform for the public to request information regarding regulatory restrictions imposed by the state executive branch and to facilitate communication with the secretary of state concerning these restrictions.

Additionally, the bill requires the secretary of state to provide an annual report to the general assembly before the start of each regular session. This report will detail the regulatory restrictions that have been the subject of requests and communications through the newly established site.