Bill No. 2728, known as the "Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025," aims to reform the administrative rule-making process in Oklahoma. The bill establishes definitions for key terms such as "agency," "implementation and compliance costs," and "major rule." It imposes new duties on state agencies regarding the promulgation of major rules, which are defined as those expected to incur implementation and compliance costs of one million dollars or more over the first five years. Agencies must conduct comprehensive economic impact analyses, consult with local governments, and provide detailed reports justifying the need for the proposed rules.

Additionally, the bill creates the Legislative Economic Analysis Unit (LEAU) within the Legislative Office of Fiscal Transparency to provide independent evaluations of major rules. The LEAU will assess compliance with economic impact requirements and report findings to legislative committees. Notably, a major rule cannot take effect without specific legislative approval, ensuring greater oversight and accountability in the rule-making process. The act is set to take effect on November 1, 2025.