SENATE BILL REPORT
SB 5872
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
As of March 12, 2011
Title: An act relating to evaluating the impacts of budget decisions.
Brief Description: Evaluating the impacts of budget decisions.
Sponsors: Senators Harper, Kohl-Welles, Nelson, Roach, Hargrove, Litzow, Regala, Kastama, Eide, White, Kline, Chase, Prentice, Conway and McAuliffe.
Brief History:
Committee Activity: Ways & Means: 3/16/11.
SENATE COMMITTEE ON WAYS & MEANS |
Staff: Steve Jones (786-7440)
Background: A Fiscal Note is a statement of estimated fiscal impacts of proposed legislation. A Fiscal Note estimates the revenue and expenditure impact of the proposed legislation for the current fiscal biennium and for the following two biennia. Fiscal Notes are prepared by state agencies, and the process is supervised by the Office of Financial Management (OFM). Estimates of fiscal impacts are calculated under instructions issued by OFM.
Summary of Bill: In addition to the estimated revenue and expenditure impact of proposed legislation, Fiscal Notes must also include an estimate of the impact of expenditure reductions or increases on other state or local program expenditures.
Appropriation: None.
Fiscal Note: Requested on March 12, 2011.
Committee/Commission/Task Force Created: No.
Effective Date: Ninety days after adjournment of session in which bill is passed.