H765 - Regulatory Reform Act of 2015, Sec. 1.6: No Fiscal Note Required for Less Stringent Rules (SL 2015-286)

Overview: Sec. 1.6 of S.L. 2015-286 amends the process for the periodic review and expiration of existing rules under the Administrative Procedure Act. The section provides that if, during the readoption process, a rule is amended to impose a less stringent burden on regulated persons than the existing rule, the agency is not required to prepare a fiscal note for the rule.

This section became effective October 22, 2015, and applies to periodic review of rules occurring on or after that date.