Get the free Legislative Fiscal Note Instructions. Legislative Fiscal Note Instructions - ofm wa

Office of Financial Management S T A T E O F W A S H I N G T O N LEGISLATIVE FISCAL NOTE INSTRUCTIONS BUDGET DIVISION JANUARY 2015 Table of Contents ABOUT THE USER GUIDE................................................................................................................

How to fill out legislative fiscal note instructions

How to fill out legislative fiscal note instructions:

1. Start by carefully reading the instructions provided. Make sure you understand the purpose and requirements of a legislative fiscal note.
2. Gather all the necessary information and documents related to the proposed legislation. This may include the bill or policy being considered, relevant financial data, and any supporting research or analysis.
3. Begin by identifying the specific sections or provisions of the legislation that may have fiscal implications. These could include potential costs, revenue impacts, or changes in funding allocations.
4. Analyze the potential fiscal impact of the proposed legislation. Consider factors such as the timeframe of implementation, potential costs or savings, and any expected changes in revenue or expenditures.
5. Use relevant data and research to support your analysis. This could involve consulting with subject matter experts, reviewing similar legislation or programs, or conducting cost-benefit analyses.
6. Clearly document your findings and conclusions in the fiscal note form or template provided. Include a detailed explanation of the methodology used and any assumptions made during the analysis.
7. Review and double-check the completed fiscal note for accuracy and clarity. Make sure all calculations, references, and citations are correct and consistent.
8. Submit the completed legislative fiscal note to the appropriate authority or department as per the instructions provided. Be mindful of any deadlines or submission requirements.
9. Be prepared to answer any questions or provide additional information related to the fiscal note. This may involve collaborating with other departments or agencies and addressing any concerns or clarifications raised.
10. Continuously stay informed about any updates or changes to the legislation or any subsequent fiscal impact. This will help ensure the accuracy and relevance of the fiscal note throughout the legislative process.

Who needs legislative fiscal note instructions?

1. Government agencies and departments involved in the legislative process, such as budget offices, finance departments, or economic analysis divisions, typically require legislative fiscal note instructions.
2. Legislators or lawmakers who propose or sponsor a bill can benefit from understanding the fiscal implications of their proposed legislation. Fiscal notes help them make informed decisions and assess the potential impact on the budget or economy.
3. Policy analysts and researchers may also find legislative fiscal note instructions useful. They can use these instructions to accurately assess and communicate the financial consequences of proposed legislation to stakeholders, the public, or decision-makers.

For pdfFiller’s FAQs

What is legislative fiscal note instructions?

Legislative fiscal note instructions provide guidelines on how to prepare and submit a fiscal note for proposed legislation.

Who is required to file legislative fiscal note instructions?

Government agencies, departments, or entities responsible for implementing proposed legislation are required to file legislative fiscal note instructions.

How to fill out legislative fiscal note instructions?

To fill out legislative fiscal note instructions, one must follow the provided guidelines and accurately report the financial impact of proposed legislation.

What is the purpose of legislative fiscal note instructions?

The purpose of legislative fiscal note instructions is to inform lawmakers and policymakers about the financial implications of proposed legislation.

What information must be reported on legislative fiscal note instructions?

Information such as cost estimates, revenue projections, and potential economic impact must be reported on legislative fiscal note instructions.

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