Joint Fiscal Committee
The Joint Fiscal Committee is a Joint Legislative Committee that reviews fiscal issues and is charged with approval of grants, responsibilities to carry out rescission's under 32 V.S.A 704; and oversight and management of the Legislative Fiscal Staff who work for the Joint Fiscal Office. It has other responsibilities assigned to it through legislative action.
The Committee is made up of ten members, five from each branch. Four are the money chairs by virtue of their position. The other six members - three from each branch include one from each major political party and one other member appointed in the Senate by the Committee on Committees and in the House by the Speaker.
2 V.S.A. § 502 (b) (1) provides: All requests for assistance, information, and advice and all information received in connection with fiscal research or related drafting shall be confidential unless the party requesting or giving the information designates in the request that it is not confidential. Documents, transcripts, and minutes of committee meetings, including written testimony submitted to a committee, fiscal notes and summaries which have been released or approved for printing or introduction, and material appearing in the journals or calendars of either house are official documents and shall not be confidential under this subsection.
2 V.S.A. §503 Provides that the Committee:
(a) The Joint Fiscal Committee shall direct, supervise, and coordinate the work of its staff and secretaries.
(b) The Joint Fiscal Committee shall:
(1) furnish research services and secretarial services of a fiscal nature to the Committees on Appropriations, the Senate Committee on Finance, the House Committee on Ways and Means, the Committees on Transportation, and the Joint Fiscal Committee;
(2) carry on a continuing review of the fiscal operations of the State, including revenues, budgeting, and expenditures;
(3) accept grants, gifts, loans, or any other thing of value, approved by the Governor, under the provisions of 32 V.S.A. § 5, when the General Assembly is not in session;
(4) keep minutes of its meetings and maintain a file thereof.
The Joint Fiscal Committee plays a statutory role (32 V.S.A. § 5) in reviewing and approving "any grant, gift, loan, or any sum of money or thing of value" made to state government.
The link below will display all grants that have been reviewed by the Joint Fiscal Committee since January 1, 2006.