Administrative Procedure (UAPA) - As enacted, enacts the "Regulatory Freedom Act of 2026." - Amends TCA Title 4, Chapter 5.

SB 2199, the "Regulatory Freedom Act of 2026," requires Tennessee state agencies to create and publish fiscal impact statements for new or amended rules that could negatively affect businesses, industries, or trade associations. Agencies must notify affected groups 45 days before public hearings, include their feedback in the fiscal statement (based on actual compliance costs, not speculation), and submit annual reports detailing all such statements by January 31 each year. If a rule's fiscal impact exceeds $750,000 over five years (or one year for emergency rules), the agency must notify the governor and legislative leaders. This bill directly affects state agencies drafting regulations and the businesses or industries subject to those rules.