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Bill > LB472


NE LB472

Adopt the Regulatory Management Act


summary

Introduced
01/21/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to government regulations; to adopt the Regulatory Management Act.

AI Summary

This bill establishes the Regulatory Management Act, which creates a new Office of Regulatory Management within the state government. The office will be led by a Director appointed by the Governor and will be responsible for overseeing and improving the state's regulatory processes. Specifically, the bill requires agencies to create a comprehensive, transparent catalog of all existing regulatory requirements and update it every two years. The office will evaluate new regulations to ensure they address genuine systemic problems rather than isolated incidents, and will require agencies to conduct thorough analyses of the costs and benefits of proposed regulations, including both monetized and non-monetized impacts. The office must publish biennial reports detailing changes in regulatory requirements and their estimated impact on citizens and businesses. While the office can request agencies to reevaluate regulatory decisions, it does not have the power to directly approve or reject regulations. The bill also provides detailed definitions for key terms like "agency," "anecdotal problem," "cost of compliance," and "systemic failure," which will guide the implementation of these new regulatory management practices.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Government, Military and Veterans Affairs Hearing (13:30:00 2/12/2025 Room 1507) (on 02/12/2025)

bill text


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