Requires state agencies to include a cost-benefit analysis with every proposed rule

This bill requires state agencies to attach a cost-benefit analysis to every proposed and final rule, ensuring that the monetary value of benefits clearly exceeds the costs. It mandates that these analyses be published online and in the official state register, including all supporting data and calculations, while enforcing standardized methods for evaluation across all regulations. The legislation also allows stakeholders to challenge a final rule in court if the agency's analysis is found to have significant deficiencies, such as ignoring relevant costs or failing to justify changes from the initial proposal. Additionally, the bill restricts how discount rates are used in these calculations and exempts specific rules from these new requirements.