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LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 6, 2015, TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director,

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How to fill out fiscal note 84th legislative:

1. Gather all necessary information: Start by collecting all relevant information about the proposed legislation. This includes the bill number, author, committee, and any other details that are required for the fiscal note.
2. Identify and analyze the fiscal impact: Carefully review the bill and identify any potential fiscal impact it may have. This includes estimating the costs or savings that may result from the proposed legislation. Consider factors such as personnel, resources, and any changes in revenue or expenses.
3. Consult with experts or stakeholders: It is often helpful to consult with experts or stakeholders who may have insights or specialized knowledge related to the bill. This could include representatives from government agencies, economists, or industry professionals. Their inputs can help ensure an accurate and comprehensive fiscal note.
4. Prepare the fiscal note document: Use the prescribed format or template to create the fiscal note document. Make sure to include all necessary sections, such as background information, fiscal impact analysis, supporting data, and any recommendations or conclusions.
5. Review and verify the fiscal note: Before submitting the fiscal note, review it carefully to ensure accuracy and completeness. Double-check all calculations and references to make sure they are correct. It may be helpful to have a second person review the document as well.

Who needs fiscal note 84th legislative:

1. Legislative bodies: The fiscal note is typically required by legislative bodies, such as state or federal legislatures, in order to assess the financial implications of proposed bills. It helps lawmakers make informed decisions about whether to proceed with or modify specific legislation.
2. Government agencies and departments: Fiscal notes are also important for government agencies and departments that play a role in implementing new laws. They need to understand the potential financial impact in order to allocate resources, plan budgets, and ensure effective implementation.
3. Public and interest groups: Fiscal notes provide transparency and information about the financial implications of proposed legislation. This allows the public and interest groups to evaluate and provide feedback on bills. It helps ensure accountability and informed citizen participation in the legislative process.

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