Relating to: requirements for proposed administrative rules that impose costs. (FE)

AB 992 revises cost thresholds for administrative rule reviews, lowering the trigger point from $10 million to $4 million in projected costs for businesses, local governments, and individuals over two years. It prohibits agencies from splitting a single rule into multiple rules to avoid this cost analysis requirement. Agencies must halt rulemaking if costs exceed the threshold unless they modify the rule to reduce costs, then re-evaluate. This directly affects state agencies creating regulations and entities bearing compliance costs.