This is an interesting endevour. I wish I knew more about the nuts and bolts of it.
It looks to me like this is an attempt to minimize the red tape that business have to deal with. It's really hard to argue with the goal.
But I have to wonder if there is any attempt to differentiate unneccesary paperwork from the paperwork necessary to achieve an environmental or public health & safety goal. Basically, is all red tape treated the same?
I will admit, though, that I was rather hopeful (silly me) that this would deal with the administrative burden that the gov't employees face. Just as red tape costs businesses money, makes them less efficient, and diverts resources away form other more useful endevours, the same is true of red tape inside gov't. I would think that this should make taxpayers mad enough that they would ask the politicians to fix he red tape burden inside gov't as well. Silly me.