Consolidates the economic and revenue forecast council and the caseload forecast council into one agency known as the forecast council and changes the composition and duties of the forecast council.

Eliminates the sentencing guidelines commission as a state agency and transfers certain duties of the commission to the forecast council.

Removes responsibility from the sentencing guidelines commission related to existing disposition standards; confinement of minor offenders and first-time offenders; and current sentencing standards for adverse impacts on the sentencing outcomes of certain minority youth.

Requires the caseload forecast work group to provide technical support to the forecast council.