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This document presents the fiscal note and local impact statement for H.B. 292, which prohibits the use of certain forms of transfer fee covenants in Ohio, outlining its effects on state and local
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How to fill out Fiscal Note & Local Impact Statement

01
Begin by gathering all relevant information about the proposed legislation.
02
Identify the financial implications of the legislation, including any potential costs or savings.
03
Assess the fiscal impact on state and local governments.
04
Consult with financial analysts or budget experts as needed.
05
Fill out each section of the Fiscal Note, providing detailed explanations and supporting data.
06
Complete the Local Impact Statement, highlighting effects on local jurisdictions.
07
Review the completed documents for accuracy and clarity.
08
Submit the documents according to the specified guidelines or deadlines.

Who needs Fiscal Note & Local Impact Statement?

01
Legislators considering new bills or amendments.
02
Government agencies responsible for financial planning.
03
Local government officials anticipating impacts on their communities.
04
Advocacy groups or organizations monitoring governmental fiscal policies.
05
Taxpayers interested in understanding the financial implications of proposed legislation.
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A Fiscal Note is a document that estimates the financial impact of proposed legislation, while a Local Impact Statement assesses the local government effects and costs.
Typically, state agencies, legislative bodies, or sponsors of proposed legislation are required to file Fiscal Notes and Local Impact Statements.
To fill out a Fiscal Note and Local Impact Statement, one must gather relevant financial data, assess the impact of the legislation, and complete the required forms with this information.
The purpose is to provide lawmakers with a clear understanding of the financial implications and effects on local communities of proposed legislation.
Information that must be reported includes projected costs, funding sources, potential revenue changes, and any anticipated impacts on local government services and operations.
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