Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HJR146 by Capriglione (Proposing a constitutional amendment relating to the right to own, hold, and use a mutually agreed upon medium of exchange.), As Introduced
No significant fiscal implication to the State is anticipated, other than the cost of publication.
The cost to the state for publication of the resolution is $204,406.
The House Joint Resolution proposes a constitutional amendment relating to the right to own, hold, and use a mutually agreed upon medium of exchange.
Based on the analysis of the Office of the Attorney General and the Department of Banking, any duties and responsibilities associated with implementing the provisions of the House Joint Resolution could be accomplished by the agencies utilizing existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
302 Office of the Attorney General, 451 Department of Banking