HB 3816 would require regulatory impact analysis (RIA) of all environmental rules. By whatever label—cost-benefit analysis, cost-effectiveness, impact analysis—regulatory analysis is a widely accepted step in the rule-making process.Unlike most other states, Texas has lacked a mechanism to estimate the regulatory costs imposed on the private sector and the general public. HB 3816 would require a simple cost-benefit analysis of proposed environmental rules to provide such transparency for all Texans. Such analysis should help in legislative oversight of agency implementation of state law.
Reality Check
The following commentary is published on Thursdays as part of TPPF’s subscriber-only newsletter The Post. If you would like to subscribe to The Post, click here. Back to the Future Part II, the sequel to the blockbuster hit, was a terrible movie. Perhaps its most sinister element was persuading 12-year-olds across the country that hover boards...