An Act to assist municipal and district ratepayers

This bill requires the state's energy and environmental agency to create a "regulatory impact statement" before any new rules or policies that increase costs for cities and towns take effect. These statements must detail the financial burdens on local ratepayers, including administrative, capital, and compliance costs, while also estimating the benefits of the proposed changes. The legislation defines these cost-imposing actions as "local mandates" and ensures that the agency notifies relevant stakeholders before implementing such rules. Ultimately, the bill aims to increase transparency and accountability by mandating a thorough analysis of how state environmental regulations affect municipal budgets and residents.