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DE HB69
Bill
Status
6/7/2011
Primary Sponsor
Gregory Lavelle
Click for details
AI Summary
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Amends § 1902 of Title 29 to allow fiscal projections to account for both escalated or reduced costs and reduced or increased revenue.
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Creates new § 1903A requiring bills that increase state revenue to include a 1-year fiscal projection describing the revenue increase for the first full fiscal year after enactment and the rationale for the projection.
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Requires fiscal projections to include specific mathematical calculations used to determine any cost or revenue increases.
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Assigns the Controller General the same responsibility for revenue impact projections as currently exists for cost projections under § 1902.
Legislative Description
An Act To Amend Title 29 Of The Delaware Code Relating To Fiscal Projections.
Last Action
Assigned to Finance Committee in Senate
6/8/2011