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Fiscal impact analysis for the bill H1004-1UE which addresses lowering the alcohol concentration for driving under the influence related to DWI.
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How to fill out fiscal note - mmb
How to fill out Fiscal Note
01
Begin by downloading or accessing the Fiscal Note form from the official website.
02
Fill in the headers with the necessary identification information, including the title of the measure and the date.
03
Detail the purpose of the Fiscal Note, explaining the implications of the proposed legislation.
04
Provide a financial summary, including estimated costs and any potential revenue impacts.
05
Outline the parties responsible for implementing the financial aspects.
06
Include any assumptions made during the estimation process and relevant data sources.
07
Review the filled form for accuracy and completeness.
08
Submit the completed Fiscal Note to the designated authority by the deadline.
Who needs Fiscal Note?
01
Legislators and lawmakers who need to understand the financial implications of proposed legislation.
02
Government agencies that will be affected by the changes in law or policy.
03
Advocacy groups that require insights for lobbying efforts.
04
The public, for transparency about how legislation may impact finances.
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A fiscal note is a written estimate of the costs, savings, revenue gain, or revenue loss that may result from implementation of a bill or joint resolution. It serves as a tool to help legislators better understand how a bill might impact the state budget, individual agencies, and in some instances, local governments.
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What is Fiscal Note?
A Fiscal Note is a formal statement that provides an analysis of the financial impact of a proposed legislation or regulation, detailing both the costs and benefits associated with the legislative proposal.
Who is required to file Fiscal Note?
Typically, government agencies, legislative sponsors, or proponents of a bill are required to file a Fiscal Note to inform the legislature and the public about the financial implications of the proposed legislation.
How to fill out Fiscal Note?
To fill out a Fiscal Note, one must gather relevant data on costs, potential revenue changes, and other economic impacts of the proposed legislation. Then, complete the designated Fiscal Note form, ensuring to provide accurate and comprehensive information, and submit it to the appropriate legislative body.
What is the purpose of Fiscal Note?
The purpose of a Fiscal Note is to ensure transparency and accountability by providing lawmakers with a clear understanding of the financial implications of proposed legislation, thereby aiding in informed decision-making.
What information must be reported on Fiscal Note?
The information that must be reported on a Fiscal Note typically includes the estimated costs associated with implementing the legislation, potential revenue changes, effects on existing programs, assumptions made in the analysis, and any relevant statistical data.
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