Montana Code 13-27-227. Preparation of fiscal note
13-27-227. Preparation of fiscal note. (1) If the proposal affects the revenue, expenditures, or fiscal liability of the state, the budget director shall determine whether a fiscal note is necessary. If a fiscal note is required, the budget director, in cooperation with the agency or agencies affected by the statewide ballot issue, shall prepare the fiscal note.
Terms Used In Montana Code 13-27-227
- Ballot: means a paper ballot counted manually or a paper ballot counted by a machine, such as an optical scan system or other technology that automatically tabulates votes cast by processing the paper ballots. See Montana Code 13-1-101
- issue: means a proposal submitted to the people at an election for their approval or rejection, including but not limited to an initiative, referendum, proposed constitutional amendment, recall question, school levy question, bond issue question, or ballot question. See Montana Code 13-1-101
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The fiscal note must incorporate an estimate of the proposal’s effect on the revenue, expenditures, or fiscal liability of the state, and the substance of the fiscal note must substantially comply with the provisions of 5-4-205.
(3)The budget director shall return the fiscal note to the attorney general.
(4)If a revised fiscal note is requested pursuant to 13-27-228, the budget director shall prepare a revised fiscal note within 3 days and provide the revised fiscal note to the executive director of legislative services division.
(5)A revised fiscal note produced pursuant to 13-27-228 does not trigger an additional attorney general review or a revision of the fiscal impact statement under 13-27-226.