SB 617 Rulemaking Documents
SB 617 (Chapter 496, Statutes of 2011) created a new process under which state agencies proposing the adoption, amendment, or repeal of major regulations are required to conduct an economic impact assessment. A major regulation has been defined by Department of Finance as a regulation that will have an economic impact on California businesses and individuals in an amount exceeding $50 million in any 12-month period. SB 617 is an important first step in ensuring that California regulations are prepared with consideration to their impacts on the economy, job creation, and the long-term health of the state’s fiscal situation.
Regulations falling under these requirements will prepare a Standardized Regulatory Impact Assessment (SRIA). Topics covered under this analysis include: creation or elimination of jobs in the State; creation or elimination of businesses; effect on the competitive advantages and disadvantages of businesses operating in California; increase or decrease of investments; incentives for innovation in products, materials, or processes; and proposed benefits of the regulations. The analysis is also required to assess feasible alternatives to the proposed regulations, and state the rationale for choosing the preferred alternative.
All SRIA’s will be submitted to Department of Finance for their review.
The following information provide links to the SB 617 regulations and required procedures for preparing the SRIAs. In addition, links are also provided to the rulemakings that have been identified as subject to an SRIA. These links will be updated as the SRIAs are prepared and as any additional regulatory proposals become subject to this important new requirement.
California Code of Regulations, Title 1, Section 2002(c)(4), (5) and (8)
- Addendum to the Final Statement of Reason
- 15-day Notice of Availability of Changes to Regulation
- Second Modified Text for Proposed Regulations to Implement S.B. 617 Re Major Regulations
California Code of Regulations, Title 1, Sections 2000, 2001, 2002(a), (b), (c)(1)-(3), (6), (7) and (9)-(11), (d) and (e), 2003 and 2004
- Final Statement of Reasons
- Response to Comments Chart A
- Response to Comments Chart B
- 15-day Notice of Availability of Changes to Regulations
- Modified Text for Proposed Regulations to Implement S.B. 617 Re Major Regulations
- Notice of Proposed Action
- Draft Regulation
- Initial Statement of Reasons
- STD. 399
- Attachment to STD 399
Rulemaking Documents for 2014 Regulations Subject to an SRIA:
- Low Carbon Fuel
- In-Use Off-Road Diesel Vehicle Regulation
- Appliance Efficiency Standards
- Market-Based Rules for Sales Other Than Sales of Tangible Personal Property
- Apportionment and Allocation of Partnership Income, Income from a Business, Trade or Profession, and Intercompany Transactions
- Mechanics of Assignments of Credits Among Combined Report Group Members
- Mental Health Parity
- Network Adequacy
- Financial Statement Credit for Reinsurance
- Health Care Reform
- Used Mattress Recovery and Recycling Program
- Composting Materials, Transfer Processing, Permit Application Form and Permit Exemptions