Budget Amendment ID: FY2019-S4-752

ECO 752

Economic Forecasts

Messrs. Tarr, O'Connor and Fattman moved that the proposed new text be amended in section 2, in item 1100-1201, by inserting at the end thereof the following:- ",provided further, that such activities shall include the development of quarterly economic forecasts and/or revisions to prior such forecasts, taking into account the forecasts on which the joint revenue estimate, so-called, is based and the accuracy and relevance of such forecasts on an ongoing basis, provided further that such forecasts and revisions shall be reported contemporaneously to the clerks of the House and Senate, the House and Senate Committees on Ways and Means, and the Secretary of Administration and Finance"