Committee advances Regulatory Freedom Act requiring fiscal impact reviews for costly rules The House Government Operations Committee advanced HB1913, the "Regulatory Freedom Act," after sponsor testimony and supportive public comments from business groups; it requires agencies to publish rules during a 45‑day notice, seek input from regulated industries, and produce fiscal impact statements for rules expected to cost more than $1,000,000 over five years. The committee voted 12‑1 to send the bill to calendar and rules.

Tennessee's new "Regulatory Freedom Act" could reshape how costly government rules are made, ensuring transparency and accountability for expenses exceeding $1 million!

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