Modification of Senate Bylaws Fiscal Impact Statement
Number:
US12/13-16
Date of Notice:
Mon, 07/23/2012
Legislation, Resolution, or Policy Adoption:
Legislation
Current Status:
Approved on 1/16/2013
Motion:
(Amendment to By-Laws)
To replace the current wording of Section 3.7.2.8 of the Senate By Laws with the following: For each Resolution, Legislation or Policy Adoption to be introduced to the Senate, the Senate Executive Committee shall notify the Sponsor(s) whether a Fiscal Impact Statement is necessary. When so found, the Committee shall provide assistance, as requested by the Sponsor(s), in the preparation of the statement.
DATE OF EFFECTIVENESS: Immediately upon approval by the Senate
Financial Impact:
Cost neutral
Legislative History:
Background: Although knowledge of the fiscal impact of pending Senate actions is useful, it is rarely calculable with a useful degree of precision. In failing to acknowledge this difficulty, the existing language inhibits the introduction of Motions that are important to the execution of the Senate’s responsibilities.