BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                          SB 643 (Correa)
          
          Hearing Date: 05/23/2011        Amended: 05/10/2011
          Consultant: Brendan McCarthy    Policy Vote: GO 12-02, EQ 5-0
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          BILL SUMMARY: SB 643 requires state agencies, when adopting 
          building standard regulations that impact housing, to disclose 
          information on costs and benefits of the regulation used by the 
          state agency to perform required economic analysis.
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                            Fiscal Impact (in thousands)

           Major Provisions         2011-12      2012-13       2013-14     Fund
           
          Reporting economic     Minor costs                      Various
             information                                              
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          STAFF COMMENTS: 
          
          Under the Administrative Procedures Act, state agencies adopting 
          regulations must conduct certain analyses of the impacts of the 
          proposed regulation and follow specific procedures for allowing 
          public input and review of the proposed regulation. In 
          particular, state agencies are required to analyze the potential 
          impact of a proposed regulation on businesses or job creation in 
          the state and potential financial impacts on state agencies. At 
          certain steps in the process for adopting regulations, this 
          information must be made available to the Office of 
          Administrative Law and the public.

          SB 643 requires state agencies, when adopting building standard 
          regulations that impact housing, to provide information to the 
          public on costs and benefits of the regulation which support a 
          finding that the proposed regulation will not have an adverse 
          impact on business. 

          Because state agencies are already required to analyze proposed 
          regulations to determine whether they would have an adverse 
          economic impact on businesses or the economy, state agencies 








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          should already have cost and benefit information on proposed 
          regulations. Thus, staff does not believe that this bill will 
          require additional economic analysis. The costs to make 
          information public under the bill should be absorbable within 
          existing resources.


          SB 357 (Dutton) requires state agencies adopting regulations 
          that will make equipment obsolete to analyze the impact to state 
          tax revenues due to changes in the depreciation of equipment. 
          That bill will be heard in this committee.