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Minnesota Legislature
Legislative Budget Office
Legislative Budget Office
The Legislative Budget Office (LBO) is a nonpartisan office within the legislative branch of Minnesota state government. The LBO is charged with objectively evaluating proposed legislation to assess the potential impact on the state budget. The products of this work are known as fiscal notes and local impact notes. State agencies provide the data estimating the proposed legislation's impact for a fiscal note. Data used to develop local impact notes is provided by local entities and associations of local entity professionals, as well as state agencies. LBO staff review this information to assess accuracy, reasonableness and compliance with fiscal note policies and standards prior to submission to the legislature.
In 2021, the Minnesota Legislature enacted a law establishing the Tax Expenditure Review Commission. The LBO provides professional and technical assistance to the Tax Expenditure Review Commission, which will annually submit written reports to the legislature beginning December 2022.
More Information:
Fiscal Notes
Search for a Fiscal Note
FAQs
Process
Revised Fiscal Note Originals
Reports
Statistics
Training Materials
Uniform Standards & Procedures
User Guide
Video: Fiscal Note Basics
Local Impact Notes
Search for a Local Impact Note
FAQs
Tax Expenditure Review
Search for a Tax Expenditure Review Report
Combined Meetings
Upcoming Meetings
LBOOC
TERC
Legislative Budget Office · 658 Cedar St. Saint Paul, MN 55155 ·
lbo@lbo.mn.gov