Bill No. 1024 amends the Administrative Procedures Act by introducing a comprehensive framework for agencies to follow when adopting, amending, or repealing rules. Key provisions include the requirement for agencies to prepare a detailed statement of scope prior to rulemaking, which must be submitted to the Secretary of State and approved by the Governor. This statement must outline the objectives of the proposed rules, existing policies, statutory authority, resource estimates, affected entities, and comparisons to federal regulations. Additionally, the bill establishes a process for revising the statement of scope if the agency changes the proposed rules significantly, and it sets a 30-month expiration period for the statement of scope.

The bill also updates the procedural requirements for rule adoption, including the necessity for public notice and comment periods, hearings, and the preparation of a rule impact statement. Agencies must consider the potential effects of proposed rules on various stakeholders, including businesses and consumer groups, and must provide a detailed analysis of the economic impacts. The bill removes certain outdated provisions and clarifies the process for rulemaking, ensuring that no agency can proceed with drafting rules until the Governor has approved the statement of scope. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage.