This bill establishes a new Regulatory Analysis Fund within the office of the state treasurer, aimed at supporting the evaluation of the economic impact of proposed administrative rules. The fund will be distinct and separate from other funds and will assist the Joint Legislative Committee on Administrative Rules and the General Court in assessing how proposed rules affect the state's economy. The committee is authorized to hire external economic analysts to conduct these evaluations, contingent upon the availability of funds in the Regulatory Analysis Fund.

Additionally, the bill includes an appropriation of $1 from the general fund for the fiscal year ending June 30, 2026, to initiate the Regulatory Analysis Fund. The treasurer is responsible for depositing any appropriated funds and any interest earned into this fund. The bill also amends RSA 6:12 to include the Regulatory Analysis Fund in the application of receipts. The act will take effect 60 days after its passage.

Statutes affected:
Introduced: 6:12
HB1311 text: 6:12