FISCAL IMPACT STATEMENTS.

SEC. 204. FISCAL IMPACT STATEMENTS. The General Legislative Procedures Act of 1975 (sec. 1–301.45 et seq., D.C. Official Code) is amended by adding at the end the following new section: “FISCAL IMPACT STATEMENTS “Sec. 4. (a) Bills and Resolutions.—“(1) In general.—Notwithstanding any other law, except as provided in subsection (c), all permanent bills and resolutions shall be accompanied by a fiscal impact statement before final adoption by the Council. “(2) Contents.—The fiscal impact statement shall include the estimate of the costs which will be incurred by the District as a result of the enactment of the measure in the current and each of the first four fiscal years for which the act or resolution is in effect, together with a statement of the basis for such estimate. “(b) Appropriations.—Permanent and emergency acts which are accompanied by fiscal impact statements which reflect unbudgeted costs, shall be subject to appropriations prior to becoming effective. “(c) Applicability.—Subsection (a) shall not apply to emergency declaration, ceremonial, confirmation, and sense of the Council resolutions.” . 120 STAT. 2039