This bill amends Section 67-703 of the Idaho Code to enhance the functions of the Legislative Services Office by including the responsibility to conduct revenue analysis. Specifically, it introduces a new provision that mandates the office to make annual revenue estimates for use in the state budget development and appropriation processes. The office is also authorized to seek input from various stakeholders, including political subdivisions, governmental agencies, and interested individuals during the development of these revenue estimates.
Additionally, the bill removes a provision that previously allowed the Legislative Services Office to develop and provide fiscal information to assist the legislature and its committees. The changes aim to strengthen the office's role in fiscal analysis and improve the legislative process regarding budget and revenue management. The bill declares an emergency, making it effective from July 1, 2026.
Statutes affected: Bill Text: 67-703