72nd Legislative Assembly
- 2003 Session
Staff
Measure Summaries
Fiscal & Revenue Impact Statements
Budget Reports
Welcome. To navigate through these pages, select one of the options in the left-hand frame or enter a bill number in the space provided. The result you will receive upon entering this number and clicking the Find button will be links to all versions of Staff Measure Summaries, Fiscal Impact Statements, and Revenue Impact Statements for that particular measure.
A staff measure summary (SMS) provides an informative, impartial summary of a legislative measure. Initially created to serve as a helpful tool for committee members, Senate and House rules require an SMS to be filed as part of the committee report on each measure. An SMS outlines the effects of a measure, the issues discussed at committee meetings and hearings, the effect of any amendments adopted by a committee and any relevant background information that may help provide a context for legislative deliberations. Disclaimer
A fiscal impact statement is an independent, objective analysis of the expenditure, revenue, staffing, and organizational effects of a legislative measure on state and local government. Fiscal impact means an increase or decrease in program expenditures, revenues (non-tax), positions, or FTE compared to the amounts in the current biennium's approved budget. Programs include those administered by state agencies and local governments, including cities, counties, schools, and special districts. Fiscal impact statements are produced by the Legislative Fiscal Office.
Every bill with a significant positive or negative revenue impact to local or state governments requires a revenue impact statement. A revenue impact statement shows how much additional tax revenue or reduction in revenue for state or local governments will result from a proposed law change. Revenue impact statements, which are produced by the Legislative Revenue Office, describe what tax revenue sources will be affected by a proposal and provide an estimate of the magnitude of the change for current and future bienniums. A brief summary of the assumptions used in producing the estimates as well as the major components of the change are included in the revenue impact statement. If necessary, the revenue impact statement will identify areas of uncertainty. More Information
These documents are available in Portable Document Format (PDF), which may be viewed with Adobe Acrobat Reader. If you do not already have this software installed, you may download a free copy by clicking the Get Acrobat Reader button in the left-hand frame.