Pro-Growth Regulatory Reform Act of 2026

HB 5033, the Pro-Growth Regulatory Reform Act of 2026, requires state agencies to obtain legislative approval before implementing new regulations that cost more than $500,000 over five years. Agencies must submit such proposed rules to the Legislative Rule-making Review Committee 30 days before the next regular session, and the legislature must enact ratifying legislation for the rule to take effect. If the legislature fails to approve the rule during the session, the agency must terminate the proposed rulemaking. This bill directly affects state agencies creating regulations, adding a cost-based approval step while exempting emergency rules.