Bill > AB2366

This bill, amending the Administrative Procedure Act, requires state agencies to consider the cost-of-living impacts on California residents when proposing new regulations, defining this as the cost of essentials like housing, transportation, food, taxes, and healthcare. Agencies must now include this cost-of-living analysis in their economic impact assessments for both non-major and major regulations, with major regulations requiring a more detailed standardized regulatory impact analysis. The Legislative Analyst's Office will develop a standardized methodology for assessing these costs and will independently review agency analyses, offering recommendations to reduce costs if significant impacts are found. Additionally, the Department of Finance will maintain a public "regulatory economic burden tracker" to monitor the cumulative economic impact of regulations across different sectors. The bill also extends the review period for major regulations from 30 to 60 working days for the Office of Administrative Law (OAL) and mandates a public hearing for such regulations, requiring agencies to either find less costly alternatives or explain why they are infeasible if a significant cost-of-living impact is identified as a reason for disapproval.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2366