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11 September 2013

North Carolina reviews its legislative stock

At the end of August, the governor of North Carolina signed the Regulatory Reform Act of 2013, which calls for a comprehensive review ever of the state's regulations. Over the next 10 years, all North Carolina regulations will be subject to review and potential amendment or repeal. As a result, regulated industries and businesses will have the opportunity to seek long-sought rule changes. The schedule for review will be set by the Rules Review Commission, an executive agency created in 1986 to ensure that proposed new rules are authorized by law and are clear and necessary. Under the Regulatory Reform Act, rules will be reviewed under a three-step process involving state agencies, the Rules Review Commission and the Joint Legislative Administrative Procedure Oversight Committee. For more, go to Mondaq online article.

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