Question

An overview of the estimated financial impact, including cost of the proposed changes, revenue generated, and staffing impacts to the bureaucracy resulting if the bill passes, is referred to as:

Answer 1

legislative fiscal note

Step-by-step explanation:

The term that is being described in the question is referred to as a legislative fiscal note. This is a requirement under senate rule in order to pass a final vote when reporting any bill or joint resolution. The committee takes and reviews this fiscal not, taking into account all the estimated costs provided by it, in order to determine whether or not the bill will provide more good than what it is costing so they can make their final verdict of whether to pass the bill or not.