Revised requirements for the reporting of actual costs for legislation with projected fiscal impacts

The minimum estimated expenditure required to trigger a cost report was lowered from $1 million to $500,000.

The reporting frequency changed from an annual report to biannual reports due in February and October.

The previous termination date for the reporting requirement (December 31, 2025) was repealed.

The report must now include a description of how funds were expended and a comparison to projected costs for the same fiscal year.

Reports must be submitted in an electronic format.

The threshold for requiring a biannual cost report was lowered from $1 million to $500,000 in estimated expenditure.

The reporting deadline was clarified to occur by October 1 of each year, covering both February and October reporting periods.

The termination date for the temporary reporting requirement was extended to December 31, 2025.

The bill number was updated from HB 228 to HB 228.3 to reflect legislative amendments.

Lowered the spending threshold for requiring a fiscal impact report from $1 million to $500,000.

Changed the reporting schedule from once a year to twice a year (biannual), with reports due in February and October.

Removed the termination date of December 31, 2025, making the reporting requirement permanent.

Added a requirement that reports must be submitted in an electronic format.

The threshold for requiring a cost report was lowered from $1 million to $500,000 in estimated expenditure from the general fund.

The reporting schedule was updated to require reports in both February and October of each year, replacing the previous annual requirement.

The requirement for reports to be submitted in an electronic format was added and clarified.

The bill's title and section numbering were updated to reflect the new version number (HB 228.3) and corrected formatting errors.

The minimum expenditure threshold for requiring a cost report was lowered from $1 million to $500,000.

Reporting frequency changed from once a year to twice a year, with reports due in February and October.

A previous termination date for the reporting requirement was repealed, making the requirement permanent.

New requirement added that reports must be submitted in an electronic format.

The threshold for requiring a cost report was lowered from $1 million to $500,000 in estimated expenditure.

Reporting must now cover the entire fiscal year instead of just the first two quarters.

The deadline for submitting reports was changed to October 1 of each year.

A previous termination date of December 31, 2025, was removed, making the reporting requirement permanent.

The financial threshold for requiring a cost report was lowered from $1 million to $500,000, meaning more bills now trigger the reporting requirement.

The reporting frequency changed from once per year to every six months, requiring two reports annually instead of one.

A previous termination date of December 31, 2025, was removed, making the reporting requirement permanent.

The specific due dates for the reports were adjusted to align with the new six-month reporting cycle.

The bill number was changed from LC 3417 to HB 228, and the sponsor was identified as B. Mercer.

Minor formatting adjustments were made to the numbering of the reporting requirements list.