Further providing for definitions, for proposed regulations and procedures for review and for final-form regulations and final-omitted regulations and procedures for review; providing for regulations deemed withdrawn; further providing for procedures for subsequent review of disapproved final-form or final-omitted regulations by the commission; and providing for concurrent resolution required for economically significant regulations.
Should this bill be enacted, it would significantly alter the way that regulations are proposed and reviewed in Pennsylvania, particularly in relation to those that have substantial economic implications. The requirement for a concurrent resolution for regulations projected to incur costs exceeding $1 million annually reflects an effort to balance regulatory oversight with economic considerations. Therefore, this shift could potentially hinder the ability of state agencies to implement new regulations quickly, as it comes with an added layer of legislative approval.
House Bill 487 proposes amendments to the Regulatory Review Act of Pennsylvania, which establishes procedures for the oversight and review of regulations by state agencies. The bill aims to enhance the regulatory process by clarifying definitions and revising the procedures for reviewing proposed regulations. Specifically, it introduces stricter requirements for agencies to justify regulations that are deemed economically significant, imposing additional requirements for legislative approval. This is said to ensure that significant regulatory changes are carefully scrutinized and justified before implementation.
The sentiment around HB 487 appears to be mixed among legislators and stakeholders. Proponents of the bill view it positively, advocating that it strengthens oversight, prevents unnecessary regulatory burden, and ensures that significant regulations are carefully considered. On the other hand, opponents express concerns that the additional requirements could stifle necessary regulatory actions and delay responses to pressing issues. This division reflects broader themes in regulatory policy, emphasizing a balance between cautious oversight and the need for effective governance.
Notable points of contention surrounding HB 487 include the definition and criteria for economically significant regulations, as well as the appropriate balance between regulatory oversight and agency efficiency. Critics argue that the bill may give the legislature excessive power over regulatory decisions, complicating the process for agencies and potentially slowing down necessary regulatory adaptations. They fear that the bill may undermine the agility of agencies to respond to changing conditions in the economy and environment, highlighting a contentious debate about state power versus regulatory autonomy.