A proposal to create a legislative budget office is moving through the process that would oversee the creation and review of the fiscal impact estimates for proposed legislation. That would mark a departure from the current practice in which Minnesota Management & Budget (MMB) prepares the fiscal estimates lawmakers use to evaluate pending bills.
Under the proposal, however, executive branch agencies like the Agriculture, Education, and Transportation departments would still provide their cost estimates related to legislative proposals—the bill would simply change who reviews and approves the notes by passing that responsibility to the legislative auditor rather than the executive branch through MMB.
STATUS: The bill is in the Finance Committee. (S.F. 1304)
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