Iowa Admin. Code r. 185-2.7

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 185-2.7 - Fiscal impact statement

(1)Fiscal impact statement. A proposed rule that mandates additional combined expenditures exceeding $100,000 by all affected political subdivisions or agencies and entities which contract with political subdivisions to provide services shall be accompanied by a fiscal impact statement outlining the costs associated with the rule. A fiscal impact statement shall satisfy the requirements of Iowa Code section 25B.6.

(2)Corrected fiscal impact statement. If the agency determines at the time it adopts a rule that the fiscal impact statement upon which the rule is based contains errors, the agency shall, at the same time, issue a corrected fiscal impact statement and publish the corrected fiscal impact statement in the Iowa Administrative Bulletin.

ARC 0273C, lAB 8/8/12, effective 9/12/12