LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington St., Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6125 NOTE PREPARED: Nov 1, 2023 BILL NUMBER: SB 15 BILL AMENDED: SUBJECT: Veterans' Benefits and Services Poster. FIRST AUTHOR: Sen. Tomes BILL STATUS: As Introduced FIRST SPONSOR: FUNDS AFFECTED:XGENERAL IMPACT: State & Local DEDICATED FEDERAL Summary of Legislation: This bill requires that the Indiana Department of Labor (DOL) consult with the Indiana Department of Veterans' Affairs (IDVA) to create and distribute a veterans' benefits and services poster. The bill provides that the veterans' benefits and services poster must contain certain information. It also requires that Indiana employers with more than 50 full-time employees (or their equivalent) display the veterans' benefits and services poster in a conspicuous place. Effective Date: July 1, 2024. Explanation of State Expenditures: Summary: This bill requires DOL and IDVA to develop and distribute a veterans’ benefits and services poster for businesses to display. This constitutes a one-time workload increase for both DOL and IDVA, but the requirements are within each agency’s routine administrative functions and should be able to be implemented with no additional appropriations, assuming near customary agency staffing and resource levels. [Both agencies are funded by General Fund appropriations.] All state agencies would be required to print and display the posters. Additional Information: All posters and notices that are required to be posted by Indiana employers are posted on the DOL website. Although commercially-produced versions of signs are available, DOL recommends employers simply print the required signage. No additional expenditures should be required by either DOL or IDVA to design or distribute the posters. Explanation of State Revenues: Explanation of Local Expenditures: Local units with more than 50 employees would be required to print SB 15 1 and display the posters. Explanation of Local Revenues: State Agencies Affected: Department of Labor, Department of Veterans Affairs, all agencies. Local Agencies Affected: Local units with more than 50 employees. Information Sources: Ambat Babu, Indiana Department of Labor; https://www.in.gov/dol/publications/ Fiscal Analyst: Alexander Raggio, 317-234-9485. SB 15 2