§ 19-1-301. Definition

AR Code § 19-1-301 (2018) (N/A)
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As used in this subchapter, unless the context otherwise requires, "fiscal impact statement" means a realistic statement of the estimated financial cost of implementing or complying with the proposed law, regulation, rule, policy, order, or administrative law upon municipalities or counties to which the proposed law, regulation, rule, policy, order, or administrative law applies.