HB-4679, As Passed Senate, September 5, 2018

 

 

 

 

 

 

 

 

 

 

 

 

SUBSTITUTE FOR

 

HOUSE BILL NO. 4679

 

 

 

 

 

 

 

 

 

 

 

     A bill to amend 1986 PA 268, entitled

 

"Legislative council act,"

 

(MCL 4.1101 to 4.1901) by adding sections 502 and 602.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 502. (1) The senate fiscal agency shall prepare, for each

 

bill that is scheduled for a hearing before a standing committee of

 

the senate, a fiscal analysis that contains all of the following:

 

     (a) A summary that explains the changes the bill would make to

 

existing law.

 

     (b) An estimate of the potential impact or amount by which the

 

bill would increase or decrease governmental revenues and

 

expenditures, and which funds the bill would affect. If federal

 

funding received by the state would be affected by the bill, the

 

analysis must include an estimate of that effect.

 

     (c) If the bill would increase or decrease state taxes or

 

fees, the analysis may include an estimate of the impact on payers

 

of the taxes or fees.

 

     (d) Any other information the senate fiscal agency considers

 

necessary to explain the fiscal effect of the bill including, but

 

not limited to, potential impacts to local units of government.

 

     (2) The senate fiscal agency shall provide the fiscal analysis

 

prepared under subsection (1) to the clerk of the committee and to

 

the public on the internet.

 

     (3) The senate fiscal agency shall prepare a revised fiscal

 

analysis, as necessary, that incorporates any change to a bill

 

described in subsection (1).

 

     Sec. 602. (1) The house fiscal agency shall prepare, for each

 

bill that is scheduled for a hearing before a standing committee of

 

the house of representatives, a fiscal analysis that contains all

 

of the following:

 

     (a) A summary that explains the changes the bill would make to

 

existing law.

 

     (b) An estimate of the potential impact or amount by which the

 

bill would increase or decrease governmental revenues and

 

expenditures, and which funds the bill would affect. If federal

 

funding received by the state would be affected by the bill, the

 

analysis must include an estimate of that effect.

 

     (c) If the bill would increase or decrease state taxes or

 

fees, the analysis may include an estimate of the impact on payers

 

of the taxes or fees.

 

     (d) Any other information the house fiscal agency considers

necessary to explain the fiscal effect of the bill including, but

 

not limited to, potential impacts to local units of government.

 

     (2) The house fiscal agency shall provide the fiscal analysis

 

prepared under subsection (1) to the clerk of the committee and to

 

the public on the internet.

 

     (3) The house fiscal agency shall prepare a revised fiscal

 

analysis, as necessary, that incorporates any change to a bill

 

described in subsection (1).

 

     Enacting section 1. This amendatory act takes effect 90 days

 

after the date it is enacted into law.