Regulations: legislative approval.

Existing law, the Administrative Procedure Act, governs the procedure for the adoption, amendment, or repeal of regulations by state agencies and for the review of those regulatory actions by the Office of Administrative Law. Existing law requires the agency to assess the potential for adverse economic impact on California business enterprises and individuals, as specified. Existing law provides that a regulation shall become effective 30 days after the date it is filed with the Secretary of State, as specified. This bill would also require an agency to produce, as part of the required impact assessment, a detailed estimate of the cumulative statewide cost impacts for affected businesses. This bill would require the agency to notify specified committees of the Legislature if the estimated cumulative statewide cost impacts for affected businesses exceed $10,000,000, as specified. This bill would require that a regulation that has an estimated cumulative statewide cost impact for affected businesses that exceed $10,000,000 not take effect until January 1, next, one year following the date that the regulation is filed with the Secretary of State.