2026 - Assembly Bill 2366 (Ávila Farías, Anamarie), Administrative Procedure Act: proposed regulations: cost-of-living impact on residents of the state (Dead)
Bill Information
Contact
Would have required agencies to consider cost-of-living impacts on residents before turning in a proposal to create, change, or undo a regulation. The bill would have added cost-of-living impacts to the list of considerations for an economic impact assessment (EIA) and standardized regulatory impact assessment (SRIA). This bill also would have tasked the Legislative Analyst's Office (LAO) with creating a consistent way to calculate cost-of-living impacts for all agencies. The LAO would have also conducted their own analysis on cost-of-living impacts due to this bill. If they found ways to lower the cost-of-living-impact, they must give that information to the regulating agency for their consideration. Additionally, this bill would have made the Department of Finance create and maintain on their website a tracker to show the total economic impact of all regulations. Held on suspense in the Assembly Appropriations Committee.