Missouri House Bill HB1822

Missouri 2024 Regular Session

• Introduced: 1/3/24
• Refer: 5/17/24

Caption

Requires all state departments to report the cost of complying with federal regulations to the department of economic development

Impact

The enactment of HB1822 will significantly alter how state departments manage and communicate their financial resources in relation to federal mandates. By requiring these reports to be accessible to the general assembly and the public via the department's website, the bill aims to foster a culture of accountability and transparency. It could potentially highlight the financial burdens that federal regulations impose, which may pave the way for discussions on regulatory reform or adjustment at both state and federal levels.

Summary

House Bill 1822 mandates that all state departments in Missouri report their costs associated with complying with federal regulations to the Department of Economic Development on a quarterly basis. This measure aims to enhance transparency regarding the financial implications of federal regulations on state operations and to provide a clearer understanding of the expenditures that these regulations generate. By consolidating this information, the bill intends to enable better decision-making at the state level regarding regulatory compliance and budgeting.

Contention

While there isn't much publicized opposition based on the current data, the requirement for periodic reporting may introduce administrative burdens on smaller state departments that already face resource limitations. Additionally, this increased scrutiny could bring to light varying interpretations of federal regulations, potentially leading to disparities in compliance costs among different departments. Organizations focusing on economic development may view the increased accountability positively, while some state officials may express concerns over the practical challenges of meeting these new reporting mandates.