HOUSE BILL No. 4562 April 8, 1997, Introduced by Rep. Scranton and referred to the Committee on House Oversight and Ethics. A bill to amend 1986 PA 268, entitled "Legislative council act," (MCL 4.1101 to 4.1901) by adding sections 502 and 602. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 502. UPON THE INTRODUCTION OF EACH BILL IN THE SENATE, 2 THE DIRECTOR OF THE SENATE FISCAL AGENCY SHALL DIRECT AN EMPLOYEE 3 OF THE SENATE FISCAL AGENCY TO PREPARE AN IMPACT ANALYSIS FOR THE 4 MEMBERS OF THE SENATE. THE IMPACT ANALYSIS SHALL CONTAIN ALL OF 5 THE FOLLOWING: 6 (A) FISCAL IMPACT OF THE PENDING LEGISLATION ON STATE AND 7 LOCAL BUDGETS. 8 (B) THE GOAL OF THE PENDING LEGISLATION. 9 (C) POTENTIAL EFFECT OF THE PENDING LEGISLATION. 10 (D) BENEFIT-COST ANALYSIS OF THE PENDING LEGISLATION. 00317'97 JLB 2 1 SEC. 602. UPON THE INTRODUCTION OF EACH BILL IN THE HOUSE 2 OF REPRESENTATIVES, THE DIRECTOR OF THE HOUSE FISCAL AGENCY SHALL 3 DIRECT AN EMPLOYEE OF THE HOUSE FISCAL AGENCY TO PREPARE AN 4 IMPACT ANALYSIS FOR THE MEMBERS OF THE HOUSE OF REPRESENTATIVES. 5 THE IMPACT ANALYSIS SHALL CONTAIN ALL OF THE FOLLOWING: 6 (A) FISCAL IMPACT OF THE PENDING LEGISLATION ON STATE AND 7 LOCAL BUDGETS. 8 (B) THE GOAL OF THE PENDING LEGISLATION. 9 (C) POTENTIAL EFFECT OF THE PENDING LEGISLATION. 10 (D) BENEFIT-COST ANALYSIS OF THE PENDING LEGISLATION. 00317'97 Final page. JLB