North Carolina H402 limits rules with substantial financial costs by requiring legislative approval for certain rules.

North Carolina H402, known as the Regulations from the Executive in Need of Scrutiny Act, mandates legislative approval for permanent rules with an aggregate economic impact of at least one million dollars over a 12-month period. The Joint Legislative Administrative Procedure Oversight Committee reviews such rules and makes recommendations to the General Assembly. If the committee receives 10 or more objections to a rule, the rule cannot become effective unless the General Assembly ratifies it.

North Carolina H402 limits rules with substantial financial costs by requiring legislative approval for certain rules.

North Carolina H402, known as the Regulations from the Executive in Need of Scrutiny Act, mandates legislative approval for permanent rules with an aggregate economic impact of at least one million dollars over a 12-month period. The Joint Legislative Administrative Procedure Oversight Committee reviews such rules and makes recommendations to the General Assembly. If the committee receives 10 or more objections to a rule, the rule cannot become effective unless the General Assembly ratifies it.