This bill limits the authority of administrative agencies to create regulations with major economic impacts, ensuring unelected officials cannot impose burdensome rules without accountability. It also redefines what constitutes a 'major economic impact' to protect businesses and taxpayers. CPAC supported this bill. The Senate passed this bill on 2025-03-13 by a vote of 29-6. The House passed this bill on 2025-02-28 by a vote of 75-19. The bill later became law.