Senate Bill No. 658

(By Senator Sprouse)

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[Introduced February 23, 1998; referred to the Committee on the Judiciary; and then to the Committee on Finance.]
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A BILL to amend article one, chapter four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section twenty- three, relating to providing that, under certain circumstances, particular members of the Legislature may require, prior to a final vote on particular legislation, an economic impact evaluation be performed in relation to the effects of the legislation if it were passed into law, which includes an evaluation of the proposed legislation's impact on the tax base of the state; and that the legislative auditor propose rules designed to ensure reliability of evaluations.

Be it enacted by the Legislature of West Virginia:
That article one, chapter four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section twenty-three, to read as follows:
ARTICLE 1. OFFICERS, MEMBERS AND EMPLOYEES; APPROPRIATIONS; INVESTIGATIONS; DISPLAY OF FLAGS; RECORDS; USE OF CAPITOL BUILDING; PREFILING OF BILLS AND RESOLUTIONS; STANDING COMMITTEES; INTERIM MEETINGS; NEXT MEETING OF THE SENATE; CERTAIN MEMBERS REQUIRING ECONOMIC EVALUATION OF PROPOSED LEGISLATION.
§4-1-23. Certain members with authority to require economic evaluation of proposed legislation; evaluations and projections to be unbiased and reliable; legislative auditor to propose rules to effectuate this section.
(a) Notwithstanding any other provision of law to the contrary, prior to a final vote on any proposed legislation in either the House of Delegates or the Senate, the following members, either individually, or in combination, as set forth in this section, may require an independent evaluation and projection of the economic consequences of any such proposed legislation:
(1) The speaker of the House or president of the Senate, individually;
(2) Any sixty-seven members of the House of Delegates, in combination; or (3) Any seventeen members of the Senate in combination.
(b) Any economic evaluation and projection provided for hereunder shall include an analysis of the proposed likely effect on future state tax revenues from any current and existing tax revenue source. Any projection and evaluation required to be performed pursuant to this section shall be performed in a timely manner, and in any event, the performance may not exceed thirty days from the date the request is made.
(c) The legislative auditor shall propose rules, subject to legislative approval, required to effectuate and implement the requirements of this section. These rules shall be designed to ensure that evaluations and projections are unbiased, accurate, quantifiable and premised upon sound actuarial and economic principles, taking into consideration the most recent historical evidence concerning discernible financial, economic, political, sociological and psychological patterns.




NOTE: The purpose of this bill is to provide that, under certain circumstances, particular members of the Legislature may require, prior to consideration of legislation, an economic impact evaluation, which includes an evaluation of the proposed legislation's impact on the tax base of the state; and that the Legislative auditor propose rules designed to ensure reliability of evaluations.

This section is new; therefore, strike-throughs and underscoring have been omitted.