Creates the Regulatory Review Office within the Governor's office to review administrative rules, conduct cost-benefit analyses, and oversee compliance with rulemaking procedures.
- Establishes the Regulatory Review Office within the Governor's office, headed by a director appointed by the governor, with authority to employ staff subject to available funding. (W.S. 16-3-103.1(a), Sec. 1)
- Requires the Regulatory Review Office to review all rules for compliance with the Wyoming Administrative Procedure Act, consistency among agencies, and completion of required cost-benefit analyses. (W.S. 16-3-103.1(b)(i), Sec. 1)
- Mandates cost-benefit analyses for all new, amended, or repealed rules that evaluate need, alternatives, costs, benefits, compliance expenses, effects on state revenue and expenditures, and opportunity costs, with analyses to be included in or provided within 30 days of initial notice. (W.S. 16-3-103.1(d), Sec. 1)
- Requires each agency to submit an annual regulatory plan by July 1 describing anticipated rulemakings, steps to streamline rules, plans to review for repeal of burdensome or obsolete rules, and efforts to ensure consistency with other agency rules. (W.S. 16-3-103.1(c), Sec. 1)
- Establishes that no agency rule is valid or effective until filed with the registrar of rules and made available for public inspection and until a cost-benefit analysis has been completed. (W.S. 16-3-102(b), Sec. 2)
- Requires the Regulatory Review Office to conduct systematic reviews of all agency rules at least once every five years to ensure consistency, determine if changes are necessary, and identify rules for potential repeal or sunset. (W.S. 16-3-103.1(b)(vii), Sec. 1)
- Mandates the Regulatory Review Office to report annually by November 1 to the governor, attorney general, and legislative management council on office activities, cost-benefit analyses conducted, rules recommended for repeal or sunset, and recommendations for legislative changes. (W.S. 16-3-103.1(b)(viii), Sec. 1)
- Exempts emergency rules from cost-benefit analysis requirements if the governor, following review by the Regulatory Review Office, determines an emergency exists.