DETROIT, Mich. – Business Leaders for Michigan (BLM), the state’s business roundtable, today issued the following statement encouraging the Michigan Legislature to provide fiscal impact statements for all legislation.
Doug Rothwell, BLM President and CEO said, “The adoption of fiscal notes for all legislation has been a part of our Michigan Turnaround Plan (MTP) from the beginning. Michigan businesses, residents and municipalities deserve to know how every piece of proposed legislation could affect them.
“One of the objectives of the MTP is to create an attractive and competitive environment for job providers to start or grow a business. Adopting fiscal notes for pending and enacted legislation is a piece of that puzzle, and a good step towards reducing future financial uncertainty and strengthening Michigan’s fiscal stability.
“We encourage members of the Michigan House and Senate to take a look at the new report issued by the Citizens Research Council of Michigan on this topic, which provides insight into how our fiscal agencies could provide this critical information.”
The Citizens Research Council of Michigan Report, The Cost of Legislation: Expanding Michigan's Fiscal Notes can be found at http://crcmich.org/Expanding_Michigans_Fiscal_Notes-2015/.
The Michigan Turnaround Plan can be accessed at www.MichiganTurnaroundPlan.com.