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This document outlines the obligations for recipients of funds from the Ohio Water Pollution Control Loan Fund (WPCLF), establishing requirements and fiscal analysis related to the implementation of these rules as per Ohio Revised Code Section 6111.036.
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Gather all relevant financial documents that will aid in completing the rule summary and fiscal.
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Begin with the rule summary, succinctly summarizing the key points of the rule in a clear and concise manner.
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Fill in the fiscal section by outlining the financial implications, including budgets, forecasts, and any fiscal responsibilities that are necessary.
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A rule summary and fiscal is a document that outlines the financial implications of proposed rules and regulations, summarizing the economic impact and budgetary considerations.
Generally, government agencies or entities that propose new rules or changes to existing regulations are required to file a rule summary and fiscal.
To fill out a rule summary and fiscal, one must provide details on the proposed rule, assess its economic impact, estimate costs and benefits, and include relevant data and analyses.
The purpose of a rule summary and fiscal is to provide transparency regarding the financial effects of proposed regulations, ensuring informed decision-making by regulators and stakeholders.
Information that must be reported includes the title of the rule, its purpose, financial impacts, cost-benefit analysis, affected parties, and any alternatives considered.
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