Answered

What is the purpose of a fiscal note?

A. It explains what parts of a state are affected by a legislative measure.
B. It explains the purpose of a legislative measure in everyday language that is easily understood by ordinary citizens.
C. It explains how a legislative measure impacts existing laws.
D. It provides an analysis of a legislative measure indicating its cost to the state, if any.



Answer :

GinnyAnswer

Final answer:

Fiscal notes are essential tools that estimate the financial impact of proposed legislation on the state budget, aiding lawmakers in making informed budgetary decisions.


Explanation:

Fiscal notes play a crucial role in analyzing the financial impact of proposed legislation on the state budget. They provide an estimate of the potential costs or revenue changes associated with a bill, helping lawmakers make informed decisions regarding budget allocation. For example, in Texas, the Legislative Budget Board prepares fiscal notes to assist in maintaining a balanced budget.


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