SB1153

THE CONTEXT: The mission of the Office of Economic Opportunity (OEO) is to expand economic opportunities for people in Arizona by leading the analysis and evaluation of Arizona's population and economy and investing in communities to power the state's economic growth ( OEO ). Statute designates the Administrative Rules Oversight Committee (AROC) to oversee the adoption of rules by state agencies.

WHAT THE BILL DID: The final vetoed version would direct an agency to submit a proposed rule to OEO for review if the rule is estimated to increase state regulatory costs by more than $100,000 within 5 years after implementation, stipulate that if the OEO confirms the estimated regulatory costs will increase by more than $500,000 within 5 years after the proposed rule's implementation, then the rule may not become effective until the Legislature ratifies the proposed rule, and instruct OEO to submit the proposed rule to AROC no later than 30 days before the next regular legislative session.

WHY IT MATTERED: The practical reason for this bill was to turn the Legislature's standard for regulatory costs into an enforceable rule. It would direct an agency to submit a proposed rule to OEO for review if the rule is estimated to increase state regulatory costs by more than $100,000 within 5 years after implementation, and would also stipulate that if the OEO confirms the estimated regulatory costs will increase by more than $500,000 within 5 years after the proposed rule's implementation, then the rule may not become effective until the Legislature ratifies the proposed rule, rather than leave the current rule unchanged.