COMM ON FISCAL RESPONSIBILITY
Summary
Creates the Commission on Fiscal Responsibility and Reform Act. Provides that the Commission on Fiscal Responsibility and Reform shall consist of 18 voting members. Provides for the appointment of the members. Provides that the Commission shall undertake a review of executive branch State agencies and provide recommendations for improvement. Provides that the Commission shall submit a report to the Governor and the General Assembly. Creates the Commission on Fiscal Responsibility and Reform Fund, which may receive gifts, grants, and donations from any lawful source. Provides that moneys in the Fund shall be used by the Commission exclusively for public purposes. Provides that the Commission on Fiscal Responsibility and Reform shall operate as a 501(c)(4) entity under the federal Internal Revenue Code. Repeals the Act on October 1, 2024. Amends the State Finance Act to create the Commission on Fiscal Responsibility and Reform Fund. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2023
Last action Feb 17, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Feb 17, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kevin Schmidt
RRepublican
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