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House committee adopts fiscal-impact procedures for school and state insurance bills
Summary
The House Insurance & Commerce Committee approved procedures requiring fiscal impact statements for bills that would create new or increased costs to the state and public school life and health insurance program; the Legislative Council contracted the Siegel Group to prepare the statements.
Jill Thayer, Bureau of Legislative Research, told the House Insurance & Commerce Committee that committee members had copies of newly adopted procedures for fiscal impact statements and that the Legislative Council contracted the Siegel Group to produce those statements.
Thayer said the procedures require a fiscal impact statement before any committee may take up a bill that would impose a new or increased cost on the state and public school life and health insurance program administered by the Employee Benefits Division (EBD). She said Siegel…
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