Requires State agency to identify at least two existing rules for repeal for every one new rule adopted.
If enacted, A2696 will amend New Jersey's administrative procedure law, enhancing the authority of state agencies to manage the regulatory framework. It requires agencies to provide significant public notice and engagement processes, ensuring that those affected by new regulations can contribute their perspectives before new rules are finalized. This initiative is modeled after Executive Order No. 13771 issued by former President Trump, which sought to control regulatory costs at the federal level and will potentially bring similar principles to state governance.
Assembly Bill A2696 mandates that for every new rule adopted by a state agency, at least two existing rules must be identified for repeal. This measure is intended to streamline the rule-making process and avoid an excessive accumulation of regulations, potentially easing compliance burdens on individuals and businesses. The bill aims to create a more thoughtful approach towards regulation, assisting in the management of administrative costs associated with new rules.
While supporters argue that the bill will help preserve economic growth and prevent the excessive regulatory burden that can stifle business operations, opponents may fear that the repeal of two existing rules could undermine protections in various sectors. The challenges include maintaining adequate safety, health, and environmental standards while pursuing regulatory efficiency. Debate over this bill could highlight differing views on the balance between regulation and unencumbered business practices.