the act of July 31, 1968 (P.L.769, No.240), referred to as the
Commonwealth Documents Law, and thereafter on the same date the
State Board of Education submits the text of the final-form
regulation to the Independent Regulatory Review Commission, the
State Board of Education shall submit to the chairman and
minority chairman of the Education Committee of the Senate and
the chairman and minority chairman of the Education Committee of
the House of Representatives a detailed fiscal impact statement
that the proposed or final-form regulation will have on the
Commonwealth, the communities, the school districts and, if
applicable, private and private religious schools. The detailed
fiscal impact statement shall include a comprehensive fiscal
note of all direct and indirect costs whether incurred in
preparation of the proposed or final-form regulation or which
will be required as a result of the promulgation of the
regulation to the State Board of Education's best dollar
estimate. The State Board of Education may include narrative
statements to accompany the best dollar estimate, but may not do
so in lieu of detailed best estimated dollar amounts.
Section 2603-B. Powers and Duties of the Board.--* * *
(l) Notwithstanding any other provision of law to the
contrary, the board shall require that each regulation prepared
by the Council of Basic Education or the Council of Higher
Education under section 2604-B and promulgated by the board
under the act of June 25, 1982 (P.L.633, No.181), known as the
"Regulatory Review Act," includes, insofar as the regulation
relates to costs to the Commonwealth, the fiscal note prepared
by the Office of the Budget under section 612 of the act of
April 9, 1929 (P.L.177, No.175), known as "The Administrative
Code of 1929."
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