Delaware bills with unbudgeted state costs would need five-year estimates

Sponsors would attach five-year cost estimates before a covered proposal’s first committee review. This covers bills and joint resolutions with state spending outside that year’s budget, spending the proposal does not specifically provide for, or costs paid from local school operating funds. This applies to proposals filed after the measure becomes law. State cost estimates would cover five fiscal years after each proposal takes effect.

Covered proposals would carry a five-year estimate of lost state revenue. This covers bills and joint resolutions that would reduce Delaware’s state revenue. The estimate would explain how the revenue loss was calculated. This applies to proposals filed after the measure becomes law. The estimate would cover the five full fiscal years after each proposal takes effect.

Covered proposals would include a five-year estimate of state and federal spending. This covers bills and joint resolutions that use state money outside that year’s budget to qualify for or receive federal funds. The estimate would show total expected program costs, yearly state and federal spending, and when federal funding is likely to end. This applies to proposals filed after the measure becomes law.