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2017 SESSION

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SB 1431 Administrative Process Act; economic impact analysis of proposed regulations.

Introduced by: Bryce E. Reeves | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Administrative Process Act; economic impact analysis; opportunity for comment by affected businesses or other entities. Requires the Department of Planning and Budget to revise and reissue its economic impact analysis within the time limits set forth for the Department's review of regulations at the final stage pursuant to the Governor's executive order for executive branch review if one of the following conditions is present and would materially change the Department's analysis: (i) public comment timely received at the proposed stage indicates significant errors in the economic impact analysis or (ii) there is a significant or material difference between the agency's proposed economic impact analysis and the anticipated negative economic impacts to the business community as indicated by public comment. The bill provides that the determination as to whether either such condition is present shall be made by the Department and shall not be subject to judicial review. The bill contains an emergency clause. This bill is identical to HB 1943.

SUMMARY AS INTRODUCED:

Administrative Process Act; economic impact analysis of proposed regulations; input from affected businesses. Provides that when the Department of Planning and Budget conducts an economic impact analysis of a proposed regulation it must provide an opportunity for input from affected businesses or other entities to which the proposed regulation would apply. The bill also entitles an adversely affected small business as defined in subsection A of § 2.2-4007.1 to judicial review of compliance with the regulation.