The Committee on Regulations and Administrative Procedures proposes the following Amendment No. 1 to H. 4335 (COUNCIL\CZ\4335C001.JN.CZ19):

Reference is to the bill as introduced.

Amend the bill, as and if amended, by striking all after the enacting words and inserting:

/ SECTION1. This Act may be cited as the "Regulatory Freedom Act".

SECTION2. Article 1, Chapter 23, Title 1 of the 1976 Code is amended by adding:

"Section 1-23-135.Except for regulations exempted pursuant to Section 1 -23-120(A) and (H)(1) and (4), a regulation promulgated or amended under this article after July 1, 2020, or the effective date of this act, whichever occurs last, expires five years from the date on which it becomes effective."

SECTION3. Section 1 -23-130(C) of the 1976 Code is amended to read:

"(C) If emergency regulations are either filed or expire while the General Assembly is in session, the emergency regulations remain in effect for ninety days only and may not be refiled; but if emergency regulations are both filed and expire during a time when the General Assembly is not in session they may be refiled for an additional up to two additional increments of ninety days."

SECTION4. This act takes effect upon approval by the Governor. /