establishing a regulatory analysis fund to evaluate the economic impact of proposed rules and making an appropriation therefor.

HB 1311 establishes a permanent "regulatory analysis fund" in the state treasurer's office to help the joint legislative committee evaluate the economic impact of proposed administrative rules. The fund allows the committee to hire external economic analysts for these reviews, with an initial $1 appropriation for fiscal year 2026. This bill directly affects the legislative committee and state agencies developing new rules by creating a formal process for economic impact assessments. It does not change existing rules or impose new requirements on businesses or residents; it simply sets up a mechanism for future analysis. The $1 appropriation is minimal and symbolic, as the fund is designed to be self-sustaining through future funding.