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2007 SESSION

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HB 2101 Elections; statewide bond referendum to include fiscal impact statement for voters.

Introduced by: Robert D. Orrock, Sr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Elections, referenda.  Requires legislation authorizing statewide bond referendum to include information about the referendum for distribution to voters.  The information must include a neutral explanation about the proposed ballot question, or a fiscal impact statement for any bond referendum, presented in plain English.  The fiscal impact statement must include descriptions of the need for and anticipated uses of the bond proceeds.  The Division of Legislative Services, with the assistance of the Office of the Attorney General, must prepare the neutral explanation.  The staffs of the House Committee on Appropriations and the Senate Committee Finance are directed to each prepare a fiscal impact statement for any bond referendum and assist the Division of Legislative Services in preparing the explanation.  The State Board of Elections is required to publish the information by paid advertisement in daily newspapers with an average daily circulation of more than 50K in Virginia once during the week preceding the referendum.

SUMMARY AS INTRODUCED:

Elections, referenda.  Requires legislation authorizing statewide bond referendum to include a fiscal impact statement for distribution to voters. The statement would be prepared by staff of the House Appropriations Committee or Senate Finance Committee and include information about costs and encumbrance of future budgets. The State Board of Elections would also include in the statement in the voter information distributed to general registrars, newspapers and posted on its official internet website under § 24.2-105.1.