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SB 0302 - "Tax Credit Return on Investment Act of 2020"; independent economic analyses; provide; enact

Tracking Level: Monitor
Sponsor: John Albers (R)
Last Action: 3/4/2020 - House Withdrawn, Recommitted
Senate Committee: Finance
House Committee: Appropriations
Assigned To:
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Retirement & CompensationNext Bill

Staff Analysis of the Legislation

SB 302 amends Article 3 of Chapter 5 of Title 28 of the OCGA for the Office of Planning and Budget to contract one or more independent auditors to conduct economic analyses per request by the House Committee on Ways and Means and the Senate Finance Committee. These economic analyses are to be conducted annually for five years and analyze the impact of fiscal bills on net change in state revenue, in state expenditures, in economic activity, and in public benefit. These requests are limited to five a year and must specify one provision of law. Copies will be provided to the House & Senate Budget and Evaluation Offices.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text