Proposed Administrative rules cost-benefit analysis requirement provision, certain rules adoption prohibition provision, and requiring notice to the legislature upon the adoption of certain rules

SF 1438 requires Minnesota state agencies to conduct a cost-benefit analysis before adopting new administrative rules, demonstrating that projected benefits exceed costs. Agencies must publish preliminary and final analyses - including all data, methods, and assumptions - in the State Register and on a public website, explaining any changes from the preliminary version based on public feedback. The analysis must cover all stakeholders (like local governments, small businesses, and consumers) over a five-year period and follow standardized, transparent methods. Certain rules, such as those adopted under "good cause" or expedited procedures, are exempt from this requirement. This bill directly affects how state agencies develop regulations, aiming to increase transparency and cost-effectiveness in rulemaking.