HB 1024-4_ Filed 01/17/2013, 07:38 Pierce


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 1024 be amended to read as follows:

SOURCE: Page 1, line 6; (13)MO102406.1. -->     Page 1, line 6, delete "(g)," and insert " (h),".
    Page 3, between lines 4 and 5, begin a new paragraph and insert:
    " (e) This subsection applies to a cost benefit analysis prepared by the OMB under this section after June 30, 2013. As used in this subsection, "middle class", with respect to a proposed rule, refers to the class of residents of Indiana who reside in an Indiana household with a household income determined by rule adopted under IC 4-22-2 by the OMB. The OMB is not required to prepare a cost benefit analysis under this section of the rule OMB is required to adopt under this subsection. A cost benefit analysis to which this subsection applies must include a middle class impact statement that includes an estimate by the OMB of the economic impact of the proposed rule on the middle class in Indiana. In the middle class impact statement required under this subsection, the OMB shall describe and quantify, to the extent possible, the nature of the impact the proposed rule will have on the middle class in Indiana, and shall identify the following with respect to the proposed rule:
        (1) Whether or not the proposed rule strengthens or erodes the stability of the middle class.
        (2) Whether or not the proposed rule increases or decreases middle class earnings
.
        (3) What message, intended or otherwise, does the proposed rule send to the public concerning the status of the middle

class.
        (4) The total estimated economic impact of the proposed rule with respect to the middle class.
In preparing the estimates required under subdivisions (1) through (4), the OMB may use actual or forecasted data and may consider the actual and anticipated effects of inflation and deflation. The OMB shall describe any assumptions made and any data used in preparing a middle class impact statement under this subsection. However, if the OMB determines that the preparation of a middle class impact statement under this subsection is unnecessary or impractical with respect to a particular proposed rule, the OMB may decline to prepare a middle class impact statement with respect to that rule. If the OMB declines to prepare a middle class impact statement for a proposed rule, the OMB must include, in the cost benefit analysis prepared under this section, a statement explaining the OMB's determination that the preparation of a middle class impact statement under this subsection is unnecessary or impractical with respect to the rule.
".
    Page 3, line 5, delete "(e)" and insert " (f)".
    Page 3, line 38, delete "(f)" and insert " (g)".
    Page 3, line 42, delete "(g)" and insert " (h)".
    Page 5, between lines 26 and 27, begin a new line double block indented and insert:
            " (F) For a cost benefit analysis prepared by the OMB under section 13 of this chapter after June 30, 2013, the middle class impact statement, if any, prepared by the OMB under section 13(e) of this chapter before the rule's adoption.".
    Page 6, between lines 17 and 18, begin a new line triple block indented and insert:
                " (v) For a rule for which the cost benefit analysis required under section 13 of this chapter was prepared by the OMB after June 30, 2013, or for which a cost benefit analysis was not prepared because of a determination that was made by the OMB under section 13(h) of this chapter after June 30, 2013, the actual economic impact of the rule on the middle class in Indiana during the three (3) year period described in this section, including the information specified in section 13(e)(1) through 13(e)(4) of this chapter, regardless of


                whether the OMB declined to prepare a middle class impact statement with respect to the rule if a cost benefit analysis was prepared for the rule.".
    Page 6, line 21, delete "13(g)" and insert " 13(h)".
    (Reference is to HB 1024 as printed January 15, 2013.)

________________________________________

Representative Pierce


MO102406/DI 75     2013