Local

House Approves ‘Fiscal Impact’ Bill For Business

View Comments
Colorado State Capitol (credit: CBS)

Colorado State Capitol (credit: CBS)

DENVER (AP) – The Colorado House approved a measure allowing businesses to tell lawmakers what financial impact new legislation can have on their companies.

The Republican-sponsored bill would direct legislative staffers to prepare a “fiscal impact statement” for bills after businesses have had 10 days to provide input.

Some Democrats supported the proposal but the no votes in the 41-22 vote came from Democrats. That’s not a good sign for the Republican measure because the bill now needs to be approved by the Democratic-controlled Senate. A similar proposal has already failed there this session.

Democratic Gov. John Hickenlooper has previously said he would like to see bills have a cost estimate of what new regulations would have on businesses.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,708 other followers