CODING: Words stricken are deletions; words underlined are additions.

Senate Bill 0326

Florida Senate - 1998 SB 326 By Senator Ostalkiewicz 12-167-98 1 A bill to be entitled 2 An act relating to the Revenue Estimating 3 Conference; amending s. 216.136, F.S.; 4 prescribing duties of the conference with 5 respect to notice, recording meetings and 6 sessions, and receiving public comment; 7 requiring certain documentation relating to the 8 performance of the conference's duties; 9 providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Subsection (3) of section 216.136, Florida 14 Statutes is amended to read: 15 216.136 Consensus estimating conferences; duties and 16 principals.-- 17 (3) REVENUE ESTIMATING CONFERENCE.-- 18 (a) Duties.--The Revenue Estimating Conference shall 19 develop such official information with respect to anticipated 20 state and local government revenues as the conference 21 determines is needed for the state planning and budgeting 22 system. Any principal may request the conference to review 23 and estimate revenues for any trust fund. 24 (b) Principals.--The Executive Office of the Governor, 25 the director of the Division of Economic and Demographic 26 Research of the Joint Legislative Management Committee, and 27 professional staff of the Senate and House of Representatives 28 who have forecasting expertise, or their designees, are the 29 principals of the Revenue Estimating Conference. The 30 responsibility of presiding over sessions of the conference 31 shall be rotated among the principals. 1 CODING: Words stricken are deletions; words underlined are additions. Florida Senate - 1998 SB 326 12-167-98 1 (c) Sessions and meetings; records; reports.--All 2 sessions and meetings of the Revenue Estimating Conference 3 shall be properly noticed, open to the public, and promptly 4 recorded as provided in chapter 286. The Revenue Estimating 5 Conference shall prepare an agenda in the time and manner 6 prescribed for notice of legislative committee meetings and 7 shall provide for public comment as to the issues set forth in 8 that agenda. When the Revenue Estimating Conference attributes 9 a fiscal impact to proposed legislation or amendments thereto, 10 the conference shall prepare a written explanation that 11 describes the methodology used and all assumptions upon which 12 the attribution was based, including the conference's 13 assumptions with respect to the state of the existing law and 14 the effect of the proposed changes to it. 15 Section 2. This act shall take effect July 1, 1998. 16 17 ***************************************** 18 SENATE SUMMARY 19 Requires the Revenue Estimating Conference to give notice of its meetings and sessions, to record its meetings and 20 sessions, to prepare an agenda, and to provide for public comment as to issues included on the agenda. Requires 21 the conference to prepare a written explanation, describing methodology and assumptions used, when it 22 attributes a fiscal impact to proposed legislation or amendments to it. 23 24 25 26 27 28 29 30 31 2