Bill > A01982

This bill expands the requirements for regulatory impact statements and creates a new New York State Regulatory Review Council to oversee the development and implementation of state rules and regulations. The bill mandates that regulatory impact statements now include more detailed descriptions of potential benefits and costs, including non-monetary effects, and requires identifying entities likely to be impacted. Starting January 1, 2026, no new rule can become effective without approval from the six-member council, which includes top state officials like the governor, comptroller, and legislative leaders. The council must ensure that proposed rules' potential benefits clearly outweigh potential costs and represent the least costly alternative. The council is empowered to require agencies to provide comprehensive documentation about proposed rules, including statutory authority, public hearing transcripts, and justification for the rule. The council can also subpoena witnesses, establish complaint procedures, identify duplicative regulations, and develop standards for regulatory impact statements. Additionally, the council is required to publish an annual report detailing its actions and review of proposed rules. The goal is to create a more rigorous, transparent, and cost-effective regulatory process that minimizes unnecessary bureaucratic burden while protecting public interests.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A1982