FINAL BILL REPORT

SHB 2389

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.

C 182 L 12

Synopsis as Enacted

Brief Description: Modifying the submission dates for economic and revenue forecasts.

Sponsors: House Committee on Ways & Means (originally sponsored by Representative Orcutt).

House Committee on Ways & Means

Senate Committee on Ways & Means

Background:

The Economic and Revenue Forecast Council (ERFC) is an independent agency responsible for providing the state economic and revenue forecasts. Four times each year the ERFC must prepare an official state economic and revenue forecast. The forecasts are submitted to the Governor and Legislature on or before November 20, February 20 in even numbered years, March 20 in odd numbered years, June 20 and September 20.

Summary:

The submittal dates for the June and September economic and revenue forecasts are moved from the twentieth to the twenty-seventh day of the month.

Votes on Final Passage:

House

96

0

Senate

46

0

Effective:

October 1, 2012