US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2020 Arkansas Code » Title 19 - Public Finance » Chapter 1 - General Provisions » Subchapter 7 - Fiscal Impact Statements

§ 19-1-701. Definition

(a) As used in this subchapter, “fiscal impact statement” means a realistic statement of the purpose of a proposed law, or a rule promulgated under a law, and the estimated financial cost to the state or any local school district of implementing or complying with the proposed law or rule. (b) A fiscal impact statement […]

§ 19-1-702. Fiscal impact statements required for rules

Thirty-five (35) days prior to the adoption of any rule or other proposal that will impose a new or increased cost obligation for education on the state or any local school district, the board, commission, agency, department, officer, or other authority, excepting the General Assembly and the courts, shall give notice of such rule or […]

§ 19-1-703. Fiscal impact statements required for bills

(a) Any bill filed in the House of Representatives or Senate that will impose a new or increased cost obligation for education on the state or any local school district shall have a fiscal impact statement attached to it, prepared by the author of the bill and filed with the chair of the committee to […]