WILLIAM DONALD SCHAEFER, Governor                           S.B. 421

(2) ON REQUEST OF THE DIRECTOR OF THE DEPARTMENT OF FISCAL
SERVICES, A UNIT OF THE STATE OR A LOCAL GOVERNMENT SHALL PROVIDE THE
DEPARTMENT OF FISCAL SERVICES WITH ASSISTANCE OR INFORMATION IN THE
PREPARATION OF AN ECONOMIC IMPACT ANALYSIS RATING AND ECONOMIC
IMPACT ANALYSES ANALYSIS.

(G) (1) THE DEPARTMENT OF FISCAL SERVICES MAY INCLUDE AN
ECONOMIC IMPACT ANALYSIS RATING AND ECONOMIC IMPACT ANALYSIS
PREPARED BY THE DEPARTMENT OF FISCAL SERVICES OR BY THE APPROPRIATE
EXECUTIVE BRANCH AGENCY AS PART OF A FISCAL NOTE.

(2) THE DEPARTMENT OF FISCAL SERVICES MAY COMMENT ON THE
ECONOMIC IMPACT ANALYSIS RATING AND ECONOMIC IMPACT ANALYSIS
PREPARED BY THE APPROPRIATE EXECUTIVE BRANCH AGENCY.

(H) THE DEPARTMENT OF FISCAL SERVICES MAY REVISE THE ECONOMIC
IMPACT ANALYSIS RATING AND ECONOMIC IMPACT ANALYSIS CONSISTENT WITH AN
AMENDED VERSION OF A BILL.

(G) (I) (1) THE DEPARTMENT OF LEGISLATIVE REFERENCE FISCAL
SERVICES SHALL KEEP A COPY OF EACH ECONOMIC IMPACT ANALYSIS RATING AND
ECONOMIC IMPACT ANALYSIS FOR 3 YEARS AFTER PREPARATION OF THE RATING
OR THE ANALYSIS.

(2) THE COPIES SHALL BE REASONABLY AVAILABLE FOR PUBLIC
INSPECTION.

(H) (J) ECONOMIC IMPACT ANALYSIS RATINGS AND ECONOMIC IMPACT
ANALYSES NEED NOT BE PUBLISHED IN THE SENATE JOURNAL OR HOUSE JOURNAL.

(I) (K) THE VALIDITY OF AN ENACTMENT OF A BILL IS NOT AFFECTED BY
THE PRESENCE, ABSENCE, OR CONTENT OF AN ECONOMIC IMPACT ANALYSIS
RATING OR AN ECONOMIC IMPACT ANALYSIS.

SECTION 2. AND BE IT FURTHER ENACTED, That the members of the
General Assembly are encouraged to provide economic impact analysis information to
the appropriate legislative agency when submitting proposed legislation.

SECTION 3. AND BE IT FURTHER ENACTED, That the Department of
Economic and Employment Development, after consultation with the Department of
Legislative Reference, the Department of Fiscal Services, and the Maryland Chamber of
Commerce, shall adopt regulations establishing criteria a business must meet to qualify as
a "small business" within the moaning of this Act. The regulations shall bo adopted no
later than October 1, 1991

SECTION 1. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 1994.

May 26, 1994

The Honorable Thomas V. Mike Miller, Jr.

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