This bill establishes a 10-year moratorium on the application of new state and local rules and regulations to manufacturing facilities that are either currently in operation or commence operations after the bill's effective date. The only exception to this moratorium is if federal law mandates the application of such rules or regulations. Additionally, manufacturing facilities have the option to waive this exemption on a case-by-case basis if they choose to comply with specific rules or regulations during the exemption period.

The Department of Labor and Workforce Development is tasked with developing the necessary rules and regulations to implement this bill, including establishing eligibility criteria for manufacturing facilities to receive a certificate of exemption and outlining the application process for this certificate. The bill aims to provide regulatory relief to manufacturing facilities, allowing them to operate without the burden of new state and local regulations for a significant period.