HF 2971

as introduced - 89th Legislature (2015 - 2016) Posted on 03/14/2016 03:13pm

A bill for an act
relating to state government; adding certain requirements to fiscal notes;
amending Minnesota Statutes 2014, section 3.98, subdivision 2.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2014, section 3.98, subdivision 2, is amended to read:

Subd. 2.

Contents.

(a) The fiscal note, where possible, shall:

(1) cite the effect in dollar amounts;

(2) cite the statutory provisions affected;

(3) estimate the increase or decrease in revenues or expenditures;

(4) include the costs which may be absorbed without additional funds;

(5) include the assumptions used in determining the cost estimates; deleted text begin and
deleted text end

new text begin (6) provide a dynamic analysis and a static analysis; and
new text end

deleted text begin (6) deleted text end new text begin (7) new text end specify any long-range implication.

(b) The fiscal note may comment on technical or mechanical defects in the bill but
shall express no opinions concerning the merits of the proposal.