2016 -- H 7731

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LC003534

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2016

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A N   A C T

RELATING TO THE GENERAL ASSEMBLY - FISCAL NOTES

     

     Introduced By: Representatives Morgan, Filippi, Giarrusso, Price, and Chippendale

     Date Introduced: February 24, 2016

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 22-12 of the General Laws entitled "Fiscal Notes" is hereby

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amended by adding thereto the following section:

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     22-12-6. Economic impact statement. – Any bill or resolution which may reasonably be

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expected to have an impact on the operating costs of any business or enterprise operating within

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the state shall be accompanied by an economic impact statement outlining, without limitation, the

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probable impact of such bill or resolution or the operating costs of businesses or enterprises

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affected thereby, a cost/benefit analysis of the proposed bill or resolution, and an explanation as

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to other possible solutions or approaches that were considered and rejected.

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     SECTION 2. This act shall take effect upon passage.

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LC003534

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO THE GENERAL ASSEMBLY - FISCAL NOTES

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     This act would require an economic impact statement to accompany any proposed

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legislation affecting businesses operating in this state.

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     This act would take effect upon passage.

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LC003534

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