HB2728

Oklahoma HB2728 enacts the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025, establishing a Legislative Economic Analysis Unit.

Oklahoma HB2728, the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2025, creates a Legislative Economic Analysis Unit (LEAU) within the Oklahoma Legislature. The LEAU will provide independent economic analysis and information for legislative oversight. The act mandates that major rules, defined as those with an annual economic impact of $200,000 or more, must undergo a Regulatory Impact Analysis (RIA) by the LEAU. This analysis includes examining alternatives, evaluating costs and benefits, and assessing the rule's economic impact.