RICHMOND, VA – The Office of the Governor just released a first of its kind “Uniform Regulatory Plan” that lists all of the regulatory actions expected by the State government by July 2023 along with a new Regulatory Economic Analysis Manual that guides Virginia agencies on how to review the economic impact of the regulations they issue. Together the Plan and the Manual will provide unprecedented transparency for all Virginians in the regulatory process. Both are available to the public through www.townhall.virginia.gov
“Our new Office of Regulatory Management is transforming how Virginians can access regulatory materials,” said Governor Glenn Youngkin. “Our goal is to provide more transparency to the citizens of Virginia. By publishing a comprehensive list of all upcoming regulations, and the tools we are going to use to evaluate the economic impacts, private citizens, companies and interest groups will be able to participate in the regulatory process in a more meaningful way.”
“The new Regulatory Management Office has made the review of regulations more efficient,” said Director of Regulatory Management Andrew Wheeler. “Historically it took over 200 days for a regulation to be reviewed by the Governor’s office, we now have that review period down to less than two weeks.”
On June 30, 2022, Governor Glenn Youngkin issued Executive Order 19 which created the Office of Regulatory Management and directed the creation of the Uniform Regulatory Plan. This initial Plan lists over 300 regulatory actions expected between now and July 1, 2023. This plan will be updated annually with the next update scheduled for after the start of the next fiscal year this summer.
The E.O. also directed Virginia agencies to consider the effects of their regulations on economic growth and on regulatory stakeholders. The Manual released today gives agencies the tools they need to conduct that analysis. It provides detailed instructions on how to calculate the benefits and costs that regulations create. And it provides guidance on analyzing regulations’ impacts on local governments, families, and small businesses.