Economic and Regulatory Review
The Department of Planning and Budget's responsibilities in the Code of Virginia (Chapters 15 and 40 of Title 2.2) related to economic and regulatory analysis include:
- Managing the executive branch approval process for proposed regulations. DPB's responsibilities include development, maintenance, and oversight of the Virginia Regulatory Town Hall; coordination and management of the rulemaking process across state agencies; and development of economic impact analysis and policy analyses on proposed regulations.
- Forecasting key state expenditure items to aid in the preparation of the budget, including Medicaid Expenditures; Public Safety Admissions and Inmate Population forecasts for state prisons, local jails, state juvenile correctional facilities, detention homes, and Criminal Fund; Comprehensive Services Act for At-Risk Youth (CSA); Temporary Assistance for Needy Families (TANF); mandated childcare expenditures; Title IV-E foster care expenditures; Title IV-E adoption expenditures and special needs (general fund) adoption expenditures; and Family Access to Medical Insurance Security--State Children's Health Insurance Program (FAMIS-SCHIP) expenditures.
DPB's Planning, Evaluation, and Regulation division has primary responsibility for economic and regulatory analysis.
Regulatory Town Hall
Much of the section's work centers around the Town Hall website. Everyone can use this site to get the latest information on the regulatory process, make comments on proposed regulatory changes and sign up for email notifications for events relating to certain regulations, agencies or regulatory boards.