VOL. 129 | NO. 49 | Wednesday, March 12, 2014
Fiscal Review Committee Bill Delayed in House
NASHVILLE (AP) – A proposal that would change the time frame the Legislature's Fiscal Review Committee has to provide a fiscal analysis of a bill has been delayed.
The measures sponsored by Republican Rep. Mark White of Memphis was debated for a while on the House floor Monday evening before lawmakers voted to send it back to the House State Government Committee.
The Fiscal Review Committee prepares a "fiscal note" on each bill introduced, providing an estimate on the costs – if any – to state and local governments from enactment.
The legislation sought to remove the requirement that the fiscal note be done in 10 days from the introduction of a bill, and instead be completed once the measure is scheduled to be debated on the House or Senate floor.
The companion bill is waiting to be heard by the full Senate.
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