House Journal: Page 145: Wednesday, January 22, 2003
21 amounts.
22 Each fiscal note shall state in dollars the
23 estimated effect of the bill on the revenues,
24 expenditures, and fiscal liability of the state or its
25 subdivisions during the first five years after
26 enactment. The information shall specifically note
27 the fiscal impact for the first two years following
28 enactment and the anticipated impact for the
29 succeeding three years. The fiscal note shall specify
30 the source of the information. Sources of funds for
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1 expenditures under the bill shall be stated, including
2 federal funds. If the fiscal director cannot make an
3 accurate estimate, the director shall state the best
4 available estimate or shall state that no dollar
5 estimate can be made and state concisely the reason.
6 The preliminary determination of whether the bill
7 appears to require a fiscal note shall be made by the
8 legislative service bureau which shall send a copy of
9 the request to the legislative fiscal bureau unless
10 the requestor specifies the request is to be
11 confidential. Upon completion of the bill draft, the
12 legislative service bureau shall immediately send a
13 copy to the legislative fiscal director for review.
14 When a committee reports a bill to the floor, the
15 committee shall state in the report whether a fiscal
16 note is or is not required.
17 The legislative fiscal director shall review all
18 bills placed on the senate or house calendars to
19 determine whether the bills are subject to this rule.
20 Additionally, a legislator may request the
21 preparation of a fiscal note by the legislative fiscal
22 bureau for any bill or joint resolution introduced
23 which reasonably could be subject to this rule.
24 The legislative fiscal director shall cause to be
25 prepared and shall approve a fiscal note within a
26 reasonable time after receiving a request or
27 determining that a bill is subject to this rule. All
28 fiscal notes approved by the legislative fiscal bureau
29 director shall be transmitted immediately to the
30 secretary of the senate or the chief clerk of the
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1 house, after notifying the sponsor of the bill that a
2 fiscal note has been prepared, for publication in the
3 daily clip sheet. The secretary of the senate or
4 chief clerk of the house shall attach the fiscal note
5 to the bill as soon as it is available.
6 The legislative fiscal director may request the
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League of Women Voters of Iowa
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