HB101 - The Red Tape Reduction Act

• Agencies must post proposed rules on their website and electronically notify registered parties when filing a notice of intent to adopt, amend, or repeal any rule.

• Agencies must prepare and file a Business Economic Impact Statement with the Joint Committee on Administrative Regulation Review if a business notifies the agency that it will be negatively impacted by a proposed rule.

• Business Economic Impact Statements must estimate the number of affected businesses and projected costs for compliance, including reporting and recordkeeping requirements.

• Agencies or departments must fulfill license or permit requests within 28 calendar days after receiving an application or notify applicants of the reason for non-issuance.

• Each agency must review all existing rules within five years of the effective date to determine whether rules should be continued, amended, or rescinded, with future rules reviewed every five years thereafter.