Missouri House Bill HB2713

Missouri 2022 Regular Session

• Introduced: 2/16/22
• Refer: 5/13/22

Caption

Requires all state departments to report the cost of complying with federal regulations to the Department of Economic Development

Impact

The implications of HB 2713 are significant, as it could reshape how state agencies manage and report their finances relative to federal regulations. By collecting and analyzing compliance cost data, state agencies may be better equipped to address inefficiencies or burdens arising from federal requirements. This could potentially lead to more informed decisions about federal engagements and advocate for reform where compliance costs are disproportionately high, enabling more strategic resource management within state departments.

Summary

House Bill 2713 is a legislative proposal aimed at enhancing transparency regarding the financial impacts of federal regulations on state governance. The bill mandates all state departments to report the costs associated with compliance to the Department of Economic Development. This requirement is intended to provide a clearer understanding of how federal mandates financially affect state operations and to facilitate improved budget planning and resource allocation.

Contention

Despite the intended benefits of increased transparency, the bill may face opposition from various stakeholders who argue that detailed reporting could lead to bureaucratic overload. Critics may assert that the requirement to report could divert resources away from service delivery to compliance and reporting activities. Additionally, there may be debates about the accuracy and reliability of the reported data and concerns regarding the potential for misinterpretation of compliance costs, which may impact perceptions of federal regulations.