Establishes the Legislative Economic Analysis Unit to analyze state agency rules and sunset certain major rules.

The bill creates the Legislative Economic Analysis Unit, an independent agency of the Texas legislature, to analyze state agency rules and assess their economic impact. The unit will determine if a rule is "major," defined as having an annual economic effect of $10 million or more, or significant adverse effects on competition, employment, investment, productivity, or innovation. Major rules will expire unless validated by the legislature. The unit will also create regulatory and grant impact analyses and post determinations on its website.

Establishes the Legislative Economic Analysis Unit to analyze state agency rules and sunset certain major rules.

The bill creates the Legislative Economic Analysis Unit, an independent agency of the Texas legislature, to analyze state agency rules and assess their economic impact. The unit will determine if a rule is "major," defined as having an annual economic effect of $10 million or more, or significant adverse effects on competition, employment, investment, productivity, or innovation. Major rules will expire unless validated by the legislature. The unit will also create regulatory and grant impact analyses and post determinations on its website.