Impact note requests

The chairs and ranking minority members of the House Finance and Ways and Means committees could be added to the list of people who can request local fiscal impact notes for proposed legislation.

Sponsored by Rep. Steve Simon (DFL-St. Louis Park), HF3748 was approved April 20 by the House State Government Finance Division and sent to the House Finance Committee.

Currently, the chair and ranking minority members of the House Taxes Committee have the ability to request fiscal notes. Simon said it’s not only tax bills that cost money and have impact on local communities.

Minnesota Management & Budget coordinates the development of fiscal notes and calculates the impact on each type of political subdivision that would result from the proposed legislation.

A companion, SF3325, sponsored by Sen. Ron Latz (DFL-St. Louis Park), awaits action by the full Senate.