Committee advances bill to add private-sector fiscal-impact reviews for state rules The State and Local Government Committee advanced SB 21-99, the Regulatory Freedom Act of 2026, which would require fiscal-impact statements showing costs to private industry for proposed agency rules and trigger separate review when private-sector costs exceed $1,000,000.

Tennessee's SB 21-99 just passed, promising to change how agency rules are reviewed by adding fiscal impact notes—could this be the key to balancing private-sector costs and regulatory measures?

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