Administrative Procedure Act: major regulations.

Existing law, the Administrative Procedure Act, in part, sets forth the requirements for the adoption, publication, review, and implementation of regulations by state agencies, and for review of those regulatory actions by the Office of Administrative Law. Existing law requires a state agency, prior to submitting a proposal to adopt, amend, or repeal an administrative regulation, to determine the economic impact of the regulation by preparing an economic impact assessment. Existing law requires a state agency proposing to adopt, amend, or repeal a major regulation to also prepare a standardized regulatory impact analysis, and defines a "major regulation" as a regulation that the state agency estimates will have an economic impact on California business enterprises and individuals in an amount exceeding $50,000,000. This bill would instead define "major regulation" to be a regulation that the state agency estimates will have an economic impact on California business enterprises and individuals in an amount exceeding $30,000,000.