Bill
LC 1176
Overview: Bill Number: LC 1176, Title: Revise structure and duties of legislative finance committee and fiscal division, Status: (LC) Draft Died in Process, Introduced: November 11
Overview: Bill Number: LC 1176, Title: Revise structure and duties of legislative finance committee and fiscal division, Status: (LC) Draft Died in Process, Introduced: November 11, 2024
Purpose and Intent: The main purpose of this bill is to make changes to the structure and responsibilities of the state's legislative finance committee and fiscal division. The intent is to enhance legislative oversight and fiscal analysis capabilities to improve budgeting and spending decisions.
Key Provisions:
- Expands the membership and areas of expertise represented on the legislative finance committee
- Grants the committee additional authority to review and approve agency budget requests and spending plans
- Requires the fiscal division to conduct more comprehensive fiscal and economic impact analyses on proposed legislation
- Mandates regular performance audits of state agencies and programs to identify cost savings and efficiencies
Affected Parties and Impacts:
- The legislative finance committee and fiscal division would have expanded roles and responsibilities
- State agencies would face increased scrutiny and oversight of their budgets and operations
- Lawmakers would have access to more detailed fiscal information to inform their decision-making
- Taxpayers could benefit from improved fiscal management and cost savings identified through audits
Procedural and Timeline Considerations: This was a draft (LC) bill introduced in the state legislature, but it did not advance further in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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