13A.240 Regulatory impact analysis.

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Page 1 of 2 13A.240 Regulatory impact analysis. (1) Every administrative body shall prepare and submit to the Legislative Research Commission an original and five (5) duplicate copies of a regulatory impact analysis <br>for every administrative regulation when it is filed with the Commission. The <br>regulatory impact analysis shall include the following information: <br>(a) A brief narrative summary of: 1. What the administrative regulation does; 2. The necessity of the administrative regulation; 3. How the administrative regulation conforms to the content of the <br>authorizing statutes; and 4. How the administrative regulation currently assists or will assist in the <br>effective administration of the statutes; (b) If this is an amendment to an existing administrative regulation, a brief narrative summary of: <br>1. How the amendment will change the existing administrative regulation; 2. The necessity of the amendment to the administrative regulation; 3. How the amendment conforms to the content of the authorizing statutes; <br>and 4. How the amendment to the administrative regulation will assist in the <br>effective administration of the statutes; (c) The type and number of individuals, businesses, organizations, or state and local governments affected by the administrative regulation; (d) An analysis of how the entities referenced in paragraph (c) of this subsection will be impacted by either the implementation of this administrative <br>regulation, if new, or by the change if it is an amendment to an existing <br>administrative regulation. The analysis shall include but not be limited to: <br>1. A detailed explanation of the actions the entities referenced in paragraph <br>(c) of this subsection will be required to undertake in order to comply <br>with the proposed administrative regulation; 2. An estimate of the costs imposed on entities referenced in paragraph (c) <br>of this subsection in order to comply with the proposed administrative <br>regulation; and 3. The benefits that may accrue to the entities referenced in paragraph (c) <br>of this subsection as a result of compliance; (e) An estimate of how much it will cost the administrative body to implement this administrative regulation, both initially and on a continuing basis; (f) The source of the funding to be used for the implementation and enforcement of the administrative regulation; (g) An assessment of whether an increase in fees or funding will be necessary to implement this administrative regulation or amendment to an existing <br>administrative regulation; Page 2 of 2 (h) A statement as to whether or not this administrative regulation establishes any fees or directly or indirectly increases any fees; and (i) The tiering statement required by KRS 13A.210. (2) The Legislative Research Commission shall review all regulatory impact analyses submitted by all administrative bodies, and prepare a written analysis thereof and of <br>the administrative regulation. The Legislative Research Commission may require <br>any administrative body to submit background data upon which the information <br>required by subsection (1) is based, and an explanation of how the data was <br>gathered. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 166, sec. 1, effective July 12, 2006. -- Amended 2005 Ky. Acts ch. 100, sec. 13, effective June 20, 2005. -- Amended 2000 Ky. Acts <br>ch. 406, sec. 14, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 410, sec. 17, <br>effective July 15, 1994. -- Created 1984 Ky. Acts ch. 417, sec. 24, effective April 13, <br>1984.