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COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.: Bill No.: Subject:342203 SB 648 Taxation and Revenue Income; Taxation and Revenue General; Taxation and Revenue Sales and
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What is revised fiscal note?
A revised fiscal note is an updated financial document that provides an assessment of the fiscal impact of a proposed legislation after changes have been made to the original proposal.
Who is required to file revised fiscal note?
Entities such as state agencies or proponents of legislation are typically required to file a revised fiscal note when there are significant amendments to the original bill.
How to fill out revised fiscal note?
To fill out a revised fiscal note, one must provide updated financial data, analyze the changes in fiscal impact, and ensure all relevant sections are completed thoroughly based on the amendments made.
What is the purpose of revised fiscal note?
The purpose of a revised fiscal note is to ensure transparency and provide lawmakers with the current financial implications of proposed legislation, helping them make informed decisions.
What information must be reported on revised fiscal note?
A revised fiscal note must report information such as projected revenues, expenses, any changes in financial assumptions, and overall fiscal impact of the revised legislation.
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