CLIMB REPORT ACTION
HB 3423 requires IDFPR to conduct data-driven sunset reviews of all current and proposed regulations, publish reports publicly, and guide changes to fees, licensing, and safety.
HB 3423 requires IDFPR to conduct data-driven sunset reviews of all current and proposed regulations, publish reports publicly, and guide changes to fees, licensing, and safety.
HB 3423, introduced February 18, 2025 by Rep. Tony M. McCombie, proposes new duties for the Department of Financial and Professional Regulation (IDFPR) under the Regulatory Sunset Act. The core aim is to require systematic, data-driven reviews of current regulatory programs and any proposed new programs, with the goal of ensuring programs remain necessary, appropriately scoped, cost-conscious, and aligned with public safety and welfare.
Notes: The bill focuses on mandatory, structured reporting by the IDFPR to evaluate ongoing and potential regulatory programs, with emphasis on public safety/welfare, cost-effectiveness, and fair administration.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.