Big first step toward improving California's regulations

By CMTA Staff

Capitol Update, Sept. 2, 2011 Share this on FacebookTweet thisEmail this to a friend

On Thursday, September 1st, Senate President pro Tempore Darrell Steinberg (D-Sacramento) and Assembly Speaker John Perez (D-Los Angeles) held a press conference to announce a package of bills designed to improve California's regulatory environment.

The primary bill, SB 617 (Ron Calderon, D-Montebello), requires state agencies to conduct robust economic analyses of major new regulations ($50 million or more in costs) and gives approval authority to the Department of Finance.

CMTA attended the press conference to support their efforts.  CMTA, along with its allies in the employer community, has long advocated for this type of economic analysis on the state's bold regulatory schemes, and the idea has been a staple of the republican minority for the last two years.   It's promising now to see the majority democrats proposing legislation in the right direction.

There is good and bad news on SB 617.

The bad news is that we have to keep up the pressure to make sure the economic analysis guidelines are high quality and that the agencies do a good job.  We also still have a pile of current regulations that need attention, analysis and reform.

The good news is that majority party legislators are talking about this – an acknowledgement that the regulatory climate is bad and needs to be fixed.  They have given us an opportunity to keep talking about economic impacts for all regulations, and to use these insights to reflect on current regulations.  The door has opened to bring back some predictability and cost-effectiveness to California’s regulatory measures.

The package of bills will likely be voted on next week as the session comes to a close.

Here is a link to Senator Steinberg's release with CMTA's quote and here is a link to watch CMTA's comments at the press conference.

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