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Idaho finds new way to figure the price tag of new laws

Idaho’s top legislative leaders have approved a new system for estimating the cost of proposed legislation on the state’s general fund.

In Idaho, bill sponsors are solely responsible for determining the financial impact of their legislation. There is no consequence if the estimated cost of a bill is wrong.

Furthermore, the Idaho Legislature does not track if legislation estimates are accurate, so it’s unknown how many bills may have incorrectly stated their fiscal impact, also known as a fiscal note inside the Statehouse.

Full Story: http://idahobusinessreview.com/2016/11/13/idaho-finds-new-way-to-figure-the-price-tag-of-new-laws/

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