Senate Bill No. 318, known as the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025, aims to enhance the legislative oversight of major administrative rules proposed by state agencies in Oklahoma. The bill defines key terms such as "agency," "implementation and compliance costs," and "major rule," with a major rule being one that incurs implementation costs of $1,000,000 or more over five years. It mandates that agencies conducting major rule submissions must provide an economic impact analysis, detailing the costs and benefits of the proposed rule, and consult with relevant stakeholders, including local governments and businesses, during this process.

Additionally, the bill establishes a Legislative Economic Analysis Unit (LEAU) within the Legislative Office of Fiscal Transparency to conduct independent analyses of proposed major rules. The LEAU is tasked with evaluating compliance with the new requirements and reporting its findings to legislative committees. Furthermore, the bill stipulates that major rules cannot take effect without legislative approval through a joint resolution. Amendments to existing law include changes in the submission process for rule reports to the legislature, specifically replacing the "chief legislative officer" with the "chair of the Administrative Rules Committee" and requiring physical copies of adopted rules to be submitted. The act is set to take effect on November 1, 2025.

Statutes affected:
Introduced: 75-250.3, 75-253
Committee Substitute: 75-303.1
Floor (Senate): 75-303.1