House File 360

                                       HOUSE FILE       
                                       BY  EICHHORN


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act requiring the legislative fiscal bureau to provide
  2    estimates of tax compliance costs when providing fiscal notes
  3    for revenue=generating bills.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 1913YH 80
  6 mg/cf/24

PAG LIN

  1  1    Section 1.  Section 2.49, Code 2003, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  7.  Provide estimates of tax compliance
  1  4 costs when providing fiscal notes for revenue=generating
  1  5 bills.  The estimate of tax compliance costs shall include the
  1  6 assumptions upon which the estimate is made.
  1  7                           EXPLANATION
  1  8    This bill requires the legislative fiscal bureau to provide
  1  9 estimates of tax compliance when fiscal notes are provided for
  1 10 revenue=generating bills.  The bill also requires the
  1 11 estimates to include the assumptions used to determine the
  1 12 estimates.
  1 13 LSB 1913YH 80
  1 14 mg/cf/24
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