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Bill

Bill

S 2500

Prohibits bill certified for fiscal note or estimate from being released from committee without fiscal note or estimate.

2026-2027 Regular Session Introduced by Kristin Corrado and 1 co-sponsor

Bills needing fiscal notes cannot leave committee without completed cost analyses, potentially improving fiscal transparency but risking legislative delays.

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
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Bill Summary · S 2500

Legislative bill overview

S 2500 would require that any bill which has been certified as needing a fiscal note or estimate cannot advance out of committee until that fiscal note or estimate is completed and attached. This procedural requirement aims to ensure lawmakers have cost analysis before voting on legislation that carries financial implications.

Why is this important

Fiscal notes provide critical information about a bill's budgetary impact—how much it will cost the state, which departments are affected, and potential revenue changes. Without this analysis, legislators may vote on bills without understanding their financial consequences. This requirement could slow the legislative process but theoretically improve fiscal accountability.

Potential points of contention

  • Legislative efficiency vs. accountability: The requirement could delay bills indefinitely if fiscal note preparation is slow, potentially preventing timely action on urgent matters or creating bottlenecks in the legislative process
  • Definition and scope: Ambiguity about which bills require fiscal notes and what qualifies as "certified" could lead to disputes; the bill may need clearer standards for triggering the requirement
  • Resource constraints: State legislative fiscal offices have limited staff and capacity; mandatory completion timelines without funding increases could strain resources and delay all bills requiring analysis

Compiled from official sources — confirm details with the bill’s official record.

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