This bill mandates that the Wyoming Department of Agriculture must conduct a cost-benefit analysis for new rules and regulations. Specifically, it amends W.S. 11-2-202(a)(vii) to require that whenever the director promulgates necessary rules and regulations, they must include in the initial notice an estimate of the monetary costs incurred by the state and affected citizens, as well as a description of the benefits of the rule or regulation to the public.

The effective date for this act is set for July 1, 2027. The bill appears to overlap with existing provisions in W.S. 28-9-109, which pertains to major rules, suggesting that a broader amendment to that section could be considered to encompass all rules. However, such an approach may necessitate additional resources for compliance from the Legislative Service Office.

Statutes affected:
27LSO-0040 v0.5: 11-2-202