New Hampshire 2024 Regular Session

New Hampshire Senate Bill SB483

Introduced
12/13/23  
Refer
12/13/23  

Caption

Relative to establishing an office of regulatory efficiency and oversight.

Impact

The creation of the Office of Regulatory Efficiency and Oversight represents a significant shift in how New Hampshire manages regulatory affairs. The bill mandates the office to conduct overall and targeted cost-benefit analyses, assessing the implications of existing and proposed regulations on private industry. This focus on analysis aims to provide a clearer understanding of regulatory impacts, balancing compliance burdens against necessary safeguards for the public. By emphasizing collaboration, the new office is intended to facilitate ongoing dialogue between regulatory agencies and industry stakeholders, potentially leading to more responsive and informed governance.

Summary

SB483 establishes an Office of Regulatory Efficiency and Oversight within New Hampshire's Department of Business and Economic Affairs. This independent agency is tasked with enhancing the efficiency of regulations affecting private industries in the state. The office will be empowered to engage in regulatory rulemaking processes, ensuring that the interests of private industry are adequately represented as new rules and regulations are developed and revised. Additionally, the office will conduct comprehensive reviews and collaborate with stakeholders to identify unnecessary duplications and streamline processes across various regulatory bodies.

Sentiment

The general sentiment surrounding SB483 appears to be supportive among proponents of regulatory reform, particularly within business communities and sectors that feel burdened by regulatory requirements. Supporters view the establishment of this office as a proactive measure to modernize and streamline New Hampshire's regulatory environment, fostering a more business-friendly landscape. Conversely, there are concerns about the potential for diminished oversight and scrutiny of regulatory practices, leading to a debate about the balance between business interests and public protections.

Contention

Notable points of contention stem from concerns over the implications of prioritizing business interests through this regulatory framework. Critics argue that the bill might lead to regulatory capture, where the interests of private industries disproportionately influence public policy to the detriment of social and environmental protections. Furthermore, issues have been raised regarding the adequacy of the $1,500,000 appropriation for the office's operations, questioning whether this funding will cover all necessary operational expenses given the complexities of state regulations and industry needs.

Companion Bills

No companion bills found.

Previously Filed As

NH SB00324

An Act Concerning Government Oversight Over Fraud And Waste And Establishing The Office Of Government Oversight And Efficiency.

NH SB943

Relating to the establishment and duties of the Texas Regulatory Efficiency Office and the Texas Regulatory Efficiency Advisory Panel.

NH HB1748

establishing the New Hampshire energy efficiency and resource development authority.

NH SB574

establishing a commission to study the efficiency and structure of school administrative units.

NH HB328

Establishing a charitable gaming oversight commission.

NH HB523

Relative to the office of child advocate's oversight of restraint and seclusion reports.

NH HB1734

(New Title) establishing a committee to study the feasibility of establishing experimental treatment centers in New Hampshire and the oversight thereof.

NH SB666

relative to consumer protection, transparency, and oversight of certain health care transactions and establishing a study committee to analyze health insurance providers, their practices, policies, premiums, management, and the impact to consumers.

NH HB1744

relative to oversight and reporting requirements for health insurance carriers regarding mental health coverage.

NH HB1738

(New Title) relative to ratepayer benefits from the regional greenhouse gas initiative and relative to net metering, energy procurement, and nuclear regulatory duties.

Similar Bills

NH SB93

Relative to licensed nurse assistant (LNA) licensure application materials.

HI HR38

Urging The Public Utilities Commission To Support The Complete Transfer Of Its Regulatory Authority Over Motor Carriers And Other Means Of Transportation, Including Water Carriers, To The Department Of Transportation.

HI HCR45

Urging The Public Utilities Commission To Support The Complete Transfer Of Its Regulatory Authority Over Motor Carriers And Other Means Of Transportation, Including Water Carriers, To The Department Of Transportation.

HI SB2043

Relating To Insurance.

HI SB2350

Relating To Agriculture.

NM HM17

TV & FILM INDUSTRY TASK FORCE

HI SB1219

Relating To Transportation.

HI SB1219

Relating To Transportation.