VA HB2115 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-02-08 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

General Assembly; Department of Planning and Budget; fiscal impact statements. Requires the Department of Planning and Budget to prepare a fiscal impact statement for any bill, except the Budget Bill and debt bills, that increases or decreases the total revenue available for appropriation or that establishes a new state program or initiative requiring an appropriation. The fiscal impact statement would include analysis of the (i) fiscal impact estimates, (ii) impact on any state entity affected by the revenue increase or decrease or charged with administering the new program or initiative, and (iii) potential costs to citizens in terms of increased taxes. The bill also provides for each fiscal impact statement to be reviewed by the appropriate staff of the Senate Committee on Finance and the House Committee on Appropriations prior to being heard by the standing committee to consider the legislation.

Tracking Information

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Title

General Assembly; Department of Planning and Budget to prepare fiscal impact statements.

Sponsors


History

DateChamberAction
2017-02-08HouseLeft in Appropriations
2017-01-25HouseSubcommittee recommends laying on the table by voice vote
2017-01-13HouseAssigned App. sub: General Government & Capital Outlay
2017-01-10HouseReferred to Committee on Appropriations
2017-01-10HousePrefiled and ordered printed; offered 01/11/17 17102403D

Subjects


Virginia State Sources


Bill Comments

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