House Bill No. 2728, known as the "Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025," aims to enhance the oversight of administrative rules proposed by state agencies. The bill defines key terms such as "agency," "implementation and compliance costs," and "major rule," establishing that any administrative rule expected to incur over $1,000,000 in costs within the first five years will be classified as a major rule. Agencies are required to conduct a comprehensive economic impact analysis before submitting major rules, which must include consultations with local governments and relevant stakeholders. Additionally, the bill creates the Legislative Economic Analysis Unit (LEAU) within the Legislative Office of Fiscal Transparency to provide independent evaluations of these rules.

A significant provision of the bill is that no major rule can take effect without explicit approval from the Legislature, requiring a constitutional majority in both chambers. The LEAU will assess compliance with the economic impact analysis requirements and report its findings to legislative committees. The act emphasizes transparency by mandating that all analyses be publicly available and that an annual report quantifying the impact of the LEAU's work be submitted to legislative leaders. The bill is set to take effect on November 1, 2025.