Honorable Robert Talton, Chair, House Committee on Urban Affairs
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB3157 by Noriega, Melissa (Relating to the requirements for filing an annual financial statement by a municipality.), As Introduced
No fiscal implication to the State is anticipated.
The bill would change from 120 days to 180 days the timeframe in which an annual financial statement shall be filed in the office of the municipal secretary or clerk after the last day of the municpality's fiscal year.
Local Government Impact
No fiscal implication to units of local government is anticipated.