Require the Legislative Fiscal Analyst to prepare economic impact reports for regulatory actions

LB 1049 requires the Legislative Fiscal Analyst to prepare economic impact reports for any new law that would lead state agencies to adopt, amend, or withdraw regulations. These reports must include a detailed cost-benefit analysis covering estimated costs for businesses, benefits to society, affected entities, and other specific factors like compliance costs and impacts on property development. The bill also mandates the Secretary of State to provide an annual report listing all new and amended state rules and regulations. This affects state agencies (which must provide data for the reports) and the Legislature (which uses the reports to evaluate proposed regulatory changes).