11346.6.
(a) The office shall analyze any major regulation proposed by the State Air Resources Board, to determine if the regulation is cost effective and technologically feasible.(b) (1) The State Air Resources Board shall submit the major regulation to the office immediately upon the completion of its final staff report on the proposal.
(2) The office shall prepare and submit its analysis pursuant to this section to the State Air Resources Board within 60 days of the date of receipt of the final staff report.
(c) The analysis shall include, but is not limited to, all of the following:
(1) The estimated costs of compliance by the regulated community with the standards in the proposed regulation, including lost productivity and opportunity costs.
(2) A determination whether the pollution reduction assumptions are accurate, feasible, and achievable.
(3) The estimated costs of alternative technologies.
(4) A determination whether the proposed adoption, amendment, or repeal is technologically feasible.
(5) A determination whether any identified alternative technologies are technologically feasible.
(d) The State Air Resources Board shall reimburse the office for the cost to the office of the analysis, not to exceed 10 percent of the total cost of developing the regulation. The State Air Resources Board shall include the cost of reimbursement in the cost of developing the regulation.
(e) As used in this section, “major regulation” means any proposed adoption, amendment, or repeal of a regulation that will have an adverse economic impact of ten million dollars ($10,000,000) or more on the state’s business enterprises or citizens, as estimated by the State Air Resources Board.