Amends existing law such that, beginning January 1, 2020, subject to the availability of amounts specifically appropriated for this purpose and if requested
by a member of a legislative fiscal committee for legislation projected to result in an increase or decrease in state expenditures exceeding five million dollars, fiscal notes dealing with corrections, child welfare, and mental health issues must include, in addition to the increases or decreases of state government revenue and expenditures, an estimate of the fiscal impact of expenditure reductions or increases on other state or local program expenditures as well as any return on investment as a result of the legislation. This section expires on July 1, 2024.
The legislature believes that to enhance its ability to make sound fiscal decisions, fiscal notes should include not only the expenditure and revenue data associated with legislation, but also the impact of expenditure reductions or increases on other state and local programs, including the rate of return on any fiscal decision the legislature makes. Subject to the availability of amounts specifically appropriated for this purpose, the director of the Office of Financial Management and the director of the Washington State Institute for Public Policy must convene a work group to explore the establishment of a nonpartisan agency to conduct objective, impartial fiscal analysis on behalf of the legislature. The work group must report its findings and recommendations to the governor and the appropriate committees of the legislature by December 1, 2020. This section expires July 1, 2021.