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An analysis of the fiscal implications of Bill H1337-0 concerning the COMMUNITY JUSTICE SERVICES ACT, including impacts on state and local budgets and projected costs.
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How to fill out fiscal note - mmb
How to fill out Fiscal Note
01
Start with general information: Fill in the title of the bill or proposal.
02
Identify the agency responsible for the Fiscal Note.
03
Provide a brief description of the bill's purpose.
04
Estimate the expected cost or revenue impacts of the bill.
05
Include any assumptions made while calculating the fiscal impact.
06
Indicate whether the impact is ongoing or one-time.
07
Review all information for accuracy and completeness.
08
Submit the Fiscal Note to the relevant legislative body.
Who needs Fiscal Note?
01
Lawmakers require a Fiscal Note to understand the financial implications of proposed legislation.
02
State agencies may need a Fiscal Note to evaluate budget impacts before implementation.
03
Advocacy groups and citizens may find it useful for understanding how a bill affects public funds.
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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 document that provides information about the financial impact of proposed legislation or administrative regulations.
Who is required to file Fiscal Note?
Generally, government agencies, legislative bodies, or other entities that propose legislation or regulations are required to file a Fiscal Note.
How to fill out Fiscal Note?
To fill out a Fiscal Note, one must typically provide details on the estimated costs, anticipated revenue impact, and any financial implications of the proposed measure.
What is the purpose of Fiscal Note?
The purpose of a Fiscal Note is to inform legislators and the public about the financial implications of proposed legislation, ensuring transparency and informed decision-making.
What information must be reported on Fiscal Note?
Fiscal Notes usually require information such as estimated costs, revenue impacts, funding sources, and any assumptions made in the analysis.
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