AN ACT relating to administrative regulations.

Create new sections of KRS Chapter 13A to require the Legislative Research Commission (LRC) to establish a public online permit transparency portal to track credentials issued by administrative bodies; require administrative bodies to submit regulatory inventory reports to the LRC; direct the LRC to compile the inventories into a comprehensive statewide regulatory baseline; amend KRS 13A.010 to define "transparent economic impact analysis"; amend KRS 13A.020 to declare the primary function of the Administrative Regulation Review Subcommittee (ARRS) to be advisory and analytical, with an emphasis on economic analysis and efficiency; amend 13A.030 and 13A.290 to require ARRS to submit a report to the President of the Senate and the Speaker of the House of Representatives on administrative regulations with a major economic impact and, if applicable, disputes between the economic analyses of the ARRS and the administrative body; repeal and reenact KRS 13A.105 to delay the effective date of any administrative regulation with a major economic impact until it is ratified by the General Assembly; establish legislative procedures, including a mechanism for an extraordinary session; amend KRS 13A.250 to authorize the LRC to require an administrative body to submit background data for any fiscal notes; amend KRS 13A.331 to limit the effective date for an administrative regulation that requires legislative approval; amend KRS 171.450 to direct the Department for Libraries and Archives to establish procedures for a publicly available comprehensive inventory of administrative regulations; allow the department to contract with vendors for advanced computing services related to the inventory; amend KRS 13A.040, 13A.100, and 13A.315 to conform.