Every bill has a fiscal note.
It estimates the cost to state government if the legislation is enacted.
A bad fiscal note can kill your bill before you speak the first words of your testimony.
I know. It happened to me once.
The customary culprit is a state agency that doesn’t like your bill and submits an overly generous estimate of its cost to the legislative staffer who’s preparing the fiscal note.
But a legislator or advocate doesn’t have to wait until the fiscal note is distributed the day of the bill hearing to offer alternative numbers.
That’s what I advised at my 9 a.m. meeting, where the individual was seeking a tax credit. The more businesses that receive the credit, the greater the loss to the state. To avoid an agency estimate on the high side, I suggested meetings with the agency and the fiscal note writer.
At my noontime meeting, the proposed bill would save the state money. Make sure the agency doesn’t underestimate the savings, I counseled.