HB 93

1	A bill to be entitled
2	An act relating to cost and benefit analysis of
3	legislation; creating s. 216.138, F.S.; authorizing the
4	President of the Senate or Speaker of the House of
5	Representatives to request special impact sessions of the
6	Revenue Estimating Conference to consider the costs and
7	benefits of proposed legislation; establishing timeframes;
8	requiring the Office of Economic and Demographic Research
9	and other principals to develop protocols and procedures;
10	establishing minimum requirements; requiring submission of
11	a report; requiring utilization of protocols and
12	procedures until the approval is affirmatively revoked;
13	providing an effective date.
14
15	Be It Enacted by the Legislature of the State of Florida:
16
17	Section 1.  Section 216.138, Florida Statutes, is created
18	to read:
19	216.138  Cost and benefit analysis of legislation.--The
20	President of the Senate or the Speaker of the House of
21	Representatives may request special impact sessions of the
22	Revenue Estimating Conference to consider both the costs and
23	benefits of proposed legislation. The request must be made at
24	least 90 days before the beginning of the subsequent legislative
25	session, and the information developed by the Revenue Estimating
26	Conference shall be completed no later than the start of the
27	legislative session for which it is requested. The information
28	used to develop the analyses shall be available to the public.
29	Section 2.  The Office of Economic and Demographic
30	Research, acting in consultation with the principals of the
31	Revenue Estimating Conference, and after receiving public input,
32	shall by October 1, 2010, develop protocols and procedures for
33	the consistent estimation of costs and benefits of specific
34	proposed legislation. At a minimum, the protocols and procedures
35	must address appropriate economic techniques used in the
36	analysis of proposed legislation, the format for reporting
37	results, and proposed linkages to the appropriations and revenue
38	forecasting processes, including any statutory changes that
39	would be needed. The linkages must be consistent with the
40	constitutional requirement to have a balanced budget. The office
41	shall submit a report of its findings and recommendations to the
42	President of the Senate and Speaker of the House of
43	Representatives by October 1, 2010. Subject to approval by the
44	President of the Senate and Speaker of the House of
45	Representatives following the submission of the report, the
46	protocols and procedures shall be utilized for the analysis of
47	specific proposed legislation by the Revenue Estimating
48	Conference as provided in s. 216.138, Florida Statutes, unless
49	and until such approval is subsequently affirmatively revoked.
50	Section 3.  This act shall take effect upon becoming a law.

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