DE HB52

Extends the required fiscal projection period for bills authorizing new expenditures from 3 years to 5 years, requiring sponsors to project costs over a longer timeframe before committee consideration

Changes the fiscal projection requirement for bills that would reduce state revenue from 1 year to 5 years, providing a more comprehensive view of potential revenue impacts

Requires 5-year fiscal projections for bills related to public pension or retirement plans, federal matching funds, and local school district expenditures (previously 3 years)

Mandates that the Controller General review or prepare all fiscal projections and revise them whenever amendments change the fiscal effect of legislation

Applies to all bills or joint resolutions filed after the Act's enactment into law