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GENERAL ASSEMBLY OF NORTH CAROLINA Session 2017 Legislative Fiscal Note REVISED BILL NUMBER: House Bill 54 (First Edition) SHORT TITLE: Protect the Hardworking Taxpayers Act. SPONSOR(S): Representatives

How to fill out legislative fiscal note

How to fill out legislative fiscal note

1. Read the instructions provided by the legislative body on how to fill out a fiscal note.
2. Identify the bill or legislation for which you need to complete a fiscal note.
3. Gather all the necessary financial information related to the bill, such as estimated costs, projected revenue, and potential economic impact.
4. Create a document or template to organize and present the fiscal information in a clear and concise manner.
5. Start by providing the basic details of the bill, including its title, sponsor, and relevant committee.
6. Outline the purpose and objectives of the bill, as well as any potential benefits or drawbacks.
7. Break down the financial implications of the bill, including any additional costs or savings that may result from its implementation.
8. Clearly explain how the bill will affect different stakeholders, such as individuals, businesses, or government agencies.
9. Incorporate any relevant data or research that supports the financial analysis and projections.
10. Review and revise the fiscal note for accuracy and clarity.
11. Submit the completed fiscal note to the appropriate legislative body within the specified deadline.

Who needs legislative fiscal note?

1. Legislative bodies and committees use fiscal notes to assess the financial impact of proposed bills or legislation.
2. Government agencies and departments need fiscal notes to evaluate the budgetary implications of potential policies.
3. Elected officials, including lawmakers and politicians, rely on fiscal notes to make informed decisions about voting on bills.
4. Advocacy groups and think tanks use fiscal notes to analyze the economic consequences of proposed legislation.
5. Researchers and analysts utilize fiscal notes to understand the financial implications of different policy options.
6. Taxpayers and the general public benefit from fiscal notes as they provide transparency and accountability in government decision-making.

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What is legislative fiscal note?

A legislative fiscal note is a document prepared by legislative staff that estimates the financial impact of proposed legislation.

Who is required to file legislative fiscal note?

The sponsor of the proposed legislation is typically required to file a legislative fiscal note.

How to fill out legislative fiscal note?

To fill out a legislative fiscal note, the sponsor must provide information on the financial impact of the proposed legislation, including costs and revenues.

What is the purpose of legislative fiscal note?

The purpose of a legislative fiscal note is to provide legislators and the public with information on the financial implications of proposed legislation.

What information must be reported on legislative fiscal note?

A legislative fiscal note must include estimates of the costs and revenues associated with the proposed legislation, as well as any other financial impacts.