BILL ANALYSIS

HB 2397

TITLE OF THE BILL: Revising provisions relating to local government fiscal notes.

BRIEF SUMMARY OF BILL

CStates intent for fiscal note process to provide updated fiscal information

      and to reflect the varying effects of legislation on local governments.

CExpands the current 72-hour limit for fiscal note preparation to one week.

CSpecifies the initial fiscal note request is to be deemed a continuing request,

      requiring replacement or updates on original fiscal note for any amendments

      or substitute bills.

CSpecifies legislative authority to act without a fiscal note does not alter I-601 responsibilities.

CRequires the Office of Financial Management (OFM) to prepare an annual

      fiscal impact report on up to five laws enacted within the past five years,

      selecting from the Legislature's recommended list or at OFM's discretion if

      a list is not submitted.

CRequires the OFM to prepare a report every two years on local government

      fiscal notes and fiscal impact reports.

SPONSORS:  Scott and Fisher.

HEARING DATE:  January 20, 2000.

EFFECTIVE  DATE:

FISCAL NOTE: Requested January 13, 2000.

ANALYSIS PREPARED BY:  Caroleen Dineen (786-2397)

BACKGROUND:

SUMMARY: