legislative ratification; rulemaking; regulatory costs

HB 2276 requires Arizona state agencies to submit proposed rules expected to increase regulatory costs for businesses by more than $100,000 within five years for review by the Office of Economic Opportunity. If the cost exceeds $500,000, the rule cannot take effect until the legislature passes separate legislation approving it. Agencies cannot finalize such rules without this legislative approval, and if the legislature doesn't act during the session, the proposed rule must be terminated. This directly affects state agencies creating new rules and businesses subject to those rules, adding a legislative review step for high-cost regulations.