Iowa Admin. Code r. 875-1.37

Current through Register Vol. 47, No. 5, September 4, 2024

Rule 875-1.37 - Fiscal impact statement

(1) The division will prepare and submit a fiscal impact statement to satisfy the requirements of Iowa Code sections 17A.4(4) and 25B.6 if a notice of intended action or a rule filed without notice necessitates new annual expenditures of at least $100,000 or combined expenditures of at least $500,000 within five years by all affected persons.

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

Amended by IAB August 28, 2019/Volume XLII, Number 5, effective 10/2/2019