PRINTER'S NO. 1340
No. 1205 Session of 1981
INTRODUCED BY A. C. FOSTER, JR., LEVI, SIRIANNI, DeMEDIO AND
FRYER, APRIL 21, 1981
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, APRIL 21, 1981
AN ACT
1 Requiring the attachment of fiscal impact statements to all
2 bills in original form or as amended relating to the
3 expenditure of funds by, or loss of revenue to, political
4 subdivisions.
5 The General Assembly of the Commonwealth of Pennsylvania
6 hereby enacts as follows:
7 Section 1. Any bill introduced in either House of the
8 Legislature which if enacted, may or would result in requiring
9 any political subdivision to expend funds, or may or would
10 result in a loss of revenue, from whatever source derived, to
11 any political subdivision, shall not be given final
12 consideration in either House of the Legislature, either in the
13 form as introduced or as amended without having attached thereto
14 a statement adequately describing the fiscal effect upon any
15 political subdivision which may or would be affected thereby.
16 Section 2. The statement provided for in section 1 shall
17 include, but not be limited to the following information:
18 (1) the probable cost of the regulation for the upcoming
1 fiscal year;
2 (2) a projected cost estimate of the program for each of
3 the five succeeding fiscal years;
4 (3) the fiscal history, if any, of the program for which
5 expenditures are to be made;
6 (4) the probable loss of revenue from the regulation for
7 the upcoming fiscal year;
8 (5) a projected loss of revenue estimate from the
9 regulation for each of the five succeeding fiscal years;
10 (6) a reference to the source of the data from which the
11 foregoing fiscal information was obtained, and an explanation
12 of the basis upon which it is computed; and
13 (7) a signature by the appropriate official or
14 individual responsible for the statement's preparation.
15 Section 3. The legislative committee from which such a bill
16 emanates shall have responsibility for the preparation of the
17 statement. The committee itself may prepare the statement, or
18 have the Appropriations Committee or other standing committees
19 of the Legislature prepare the statement or request that an
20 executive department, agency, board, authority, or commission
21 prepare such a statement.
22 Section 4. This act shall take effect in 60 days.
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