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Senate revenue committee debates new fiscal‑impact modeling tool and approves committee rules
Summary
The Senate Revenue & Tax Committee discussed how a new fiscal‑impact (dynamic scoring) tool would interact with Department of Finance and Administration analyses and the committee’s workflow, with lawmakers raising concerns about accuracy, assumptions and DFNA workload. The committee also voted to adopt meeting rules.
The Senate Revenue & Tax Committee discussed plans to begin using a new fiscal‑impact modeling tool for bill analysis and voted to adopt committee meeting rules during a session where Department of Finance and Administration (DFNA) staff attended.
The discussion focused on how the new “impact studies” or dynamic‑scoring tool would mesh with DFNA work and whether asking DFNA to reconcile its fiscal estimates with outputs from the new tool would be appropriate. Senator Dismayne cautioned that the modeling “is not a science” and “it is not an exact art,” saying committee members should not expect the tool’s outputs to be perfect or to substitute for DFNA’s…
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