The bill establishes a new Regulatory Review Office within the office of the governor of Wyoming, which will be responsible for overseeing the rulemaking process of state agencies. The office will conduct cost-benefit analyses for each rule proposed under the Wyoming Administrative Procedure Act, ensuring compliance and consistency among agency rules. It will also provide technical assistance to agencies, conduct systematic reviews of existing rules every five years, and report annually to the governor and legislature on its activities and findings. The bill authorizes three full-time positions for the office and appropriates $400,000 from the general fund to support these positions through June 30, 2026.

Additionally, the bill amends existing law to require that no agency rule is valid until it has been filed with the registrar of rules and a cost-benefit analysis has been completed. It mandates that each agency develop an annual regulatory plan and includes specific provisions for the content and publication of cost-benefit analyses. The act will apply to all rules for which notice is provided on or after July 1, 2025, with certain sections becoming effective immediately upon the bill's passage.

Statutes affected:
Introduced: 16-3-102, 16-3-103