This bill mandates that State agencies in New Jersey conduct periodic reviews of administrative rules and regulations that are set to expire after seven years. The review process requires agencies to assess whether the benefits of the rule continue to outweigh its costs and burdens, and to determine if the rule remains effective or has become outdated. Agencies must report their findings to the Governor and the Legislature, as well as publish the results in the New Jersey Register. Additionally, the bill introduces a new requirement for agencies to perform a regulatory impact analysis for all proposed administrative rules, ensuring that the implications of new regulations are thoroughly evaluated before adoption.

The bill amends existing law by inserting a requirement for agencies to complete a review of existing rules prior to their expiration and to provide a regulatory impact analysis for proposed rules. It also deletes certain provisions that may have previously governed the review process. This legislative change aims to enhance accountability and ensure that administrative rules remain relevant and effective, addressing a gap in the current law that lacked a mandatory review process for existing regulations.

Statutes affected:
Introduced: 52:14B-5.1, 52:14B-4