TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, TO ENACT THE "REGULATORY FREEDOM ACT" BY ADDING SECTION 1-23-135 SO AS TO ESTABLISH THAT A REGULATION PROMULGATED UNDER THE ADMINISTRATIVE PROCEDURES ACT EXPIRES FIVE YEARS AFTER JULY 1, 2020, OR THE EFFECTIVE DATE OF THIS ACT, WHICHEVER IS LATER.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    This Act may be cited as the "Regulatory Freedom Act".

SECTION    2.    Article 1, Chapter 23, Title 1 of the 1976 Code is amended by adding:

"Section 1-23-135.    A regulation promulgated or amended under this article after July 1, 2020, or the effective date of this act, whichever occurs last, expires five years from the date on which it becomes effective."

SECTION    3.    This act takes effect upon approval by the Governor.