Expedited Bill No.
47-10
Concerning: Administration - Legislative
Branch - County Council - Economic
Impact Statements
Revised: September 30, 2010 Draft No.Z
Introduced:
July 27, 2010
Enacted:
October 5,2010
Executive: _ _ _ _ _ _ _ __
Effective: _ _ _ _ _ _ _ _ __
Sunset Date: --!..:.No"'-'n:'-"e:..----:-:---_ _ __
Ch. _ _. Laws of Mont. Co. _ __
COUNTY COUNCIL
FOR MONTGOMERY COUNTY, MARYLAND
By: Councilmember Knapp, Council President Floreen, Council Vice President Ervin, and
Councilmembers Navarro and Berliner
AN EXPEDITED ACT
to:
(1 )
require the Executive to submit a statement to the Council describing the economic
impact of a bill before Council action; and
(2)
generally amend the law governing the consideration of bills by the Council.
By adding
Montgomery County Code
Chapter 2, Administration
Article IV, Legislative Branch
Section [[2-81A]] 2-81B
Boldface
Underlining
[Single boldface brackets]
DQuble underlining
[[Double boldface brackets]]
* * *
Heading or defined term.
Added to existing law by original bill.
Deletedfrom existing law by original bil/.
Added by amendment
Deletedfrom existing law or the bill by amendment.
Existing law unaffected by bill.
The County Council for Montgomery County, Maryland approves the following Act:
 PDF to HTML - Convert PDF files to HTML files
ExPEDITED BILL
No. 47-10
1
Sec.
1.
Section [[2-81A]] 2-81B is added as follows:
[[2-81AlJ 2-81B. Economic Impact Statements.
2
3
4
ill
Definitions.
In this Section, the following words and phrases have the
following meanings:
Director
means the Director of the [[Office of Management and
Budget]] Department of Finance.
Economic impact
means an estimate of the costs and benefits to private
organizations and individuals in the County attributable to
the law.
~
5
6
7
8
change in
9
10
(hl
Economic impact statements.
The Director must submit
~
statement to
11
12
13
the Council describing the economic impact, if any, of each bill under
consideration
Qy
the Council. The Director must submit
statement for each bill.
(£}
~
separate
14
Time fOr submission.
submitted to the Council:
An
economIC impact statement should be .
15
16
ill
no later than
1
days before the public hearing on each bill
introduced
Qy
the Council President at the request of the County
Executive; and
17
18
19
ill
no more than 21 days after
~
bill sponsored
Qy
~
Councilmember
is introduced.
20
21
If the Director is unable to submit the statement within the time required
by paragraph (2), the Director must notify
th~
22
23
Council President in
writing of the delay, the reason for the delay. and the revised delivery
date. If the Council President finds that. the revised delivery date is
unreasonable, the Council President may set a different delivery
deadline.
24
25
26
-2­
 PDF to HTML - Convert PDF files to HTML files
EXPEDITED BILL
No. 47-10
27
28
29
30
31
32
@
Content
Q[
economic impact statement.
statement must include:
Each economic impact
ill
ill
ill
the sources of information, assumptions, and methodologies
used;
~
description of any variable that could affect economic impact
estimates;
the bill's positive or negative effect, if any, on employment,
spending, saving, investment, incomes, and property values in the
County; and
33
34
35
36
37
ill
{£}
if
~
bill is likely to have no economic impact, why that is the case.
Council action on
~
Compliance.
bill that is otherwise valid is not
38
39
40
41
42
43
invalid because of any failure to follow the requirements of this Section.
Sec. 2.
Expedited Effective Date.
IS
The Council declares that this legislation
necessary for the immediate
protection of the public interest. This Act takes effect on the date on which it
becomes law.
-3­
 PDF to HTML - Convert PDF files to HTML files
EXPEDITED BILL
No.47
-10
44
45
46
47
48
Isiah Leggett, County Executive
Date
Approved:
:!j~~
Approved:
This is a correct copy ofCouncil action.
/O/b/JO
Dale
I
49
50
Linda M. Lauer, Clerk of the Council
Date
-4­