CO HB1107

Requires a cost-benefit analysis for every proposed new rule or rule amendment, eliminating the previous exception for rules related to orders, licenses, permits, adjudication, or vendor/provider reimbursements

Mandates that principal departments emphasize the cost burden on the state and residents when conducting their annual review of existing rules

Requires legislative committees of reference to take a recorded vote on whether to support or modify department recommendations from mandatory rule reviews

Requires each principal department to report annually on revenue generated from permit and license fees where the fee amount is set by rule

Takes effect 90 days after the legislative session ends, applying to all rulemaking and rule reviews undertaken after that date