Senate Bill 2287

AN ACT TO AMEND SECTION 25-43-3.114, MISSISSIPPI CODE OF 1972, TO REQUIRE RULES WITH A SIGNIFICANT ECONOMIC IMPACT TO EXPIRE AFTER FIVE YEARS; TO DEFINE "SIGNIFICANT ECONOMIC IMPACT" AS ANY RULE WITH AN AGGREGATE COST THAT EXCEEDS $1,000,000.00 ANNUALLY; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Section 25-43-3.114, Mississippi Code of 1972, is amended as follows:

25-43-3.114. (1) At least every five (5) years, each agency shall review all of its rules to determine whether any rule should be repealed, amended or a new rule adopted. The following applies:

(a) All rules with significant economic impact adopted by an agency before July 1, 2025, expire on July 30, 2030.

(b) Every rule with a significant economic impact adopted by an agency on or after July 1, 2025, shall expire within five (5) years of the effective date.

(c) This subsection does not apply to a temporary rule adopted pursuant to Section 25-43-3.108. This subsection does not apply to any rule subject to review by the Occupational Licensing Review Commission.

(2) A rule with a "significant economic impact" is any rule for which the total aggregate cost to all persons required to comply with that rule exceeds One Million Dollars ($1,000,000.00) annually, as determined using a cost benefit analysis developed and required by the Office of the Secretary of State. This analysis must be filed by the agency upon filing the notice of proposed rule adoption under Section 25-43-3.103.

( * * *23) At least every three (3) years, each board subject to supervision by the Occupational Licensing Review Commission shall review all of its rules to determine whether any rule should be repealed, amended or a new rule adopted, and shall submit a report of the review to the Occupational Licensing Review Commission.

SECTION 2. This act shall take effect and be in force from and after July 1, 2025.