What is the official ID of this bill?
The official print number for this legislation is PROJEKT USTAWY 750.
Establishment of the Fiscal Council: independent budget oversight body
The act creates the Fiscal Council – an independent body that will review the state budget draft and economic forecasts. This aims to increase transparency of public finances and prevent excessive national debt, serving to ensure the long-term stability of public finances.
Key points
The Fiscal Council is established – a 7-member independent body that reviews the budget draft and macroeconomic forecasts.
The Council checks whether the budget keeps public debt below 60% of GDP and complies with EU fiscal rules.
Council members are banned from political and business activity – they must be experts with at least 10 years of experience.
The Council can demand information from government offices and public institutions – failure to provide information on time may be made public.
Rules for trade unions and employers to review the budget change – they must consider the Fiscal Council's opinion.
New fiscal rules will apply from the 2027 budget, and the Council will start operations in 2026.
The Council's operating costs will be up to PLN 4.7 million in 2025, up to PLN 9.6 million in 2026, and between PLN 10.1 million and PLN 11.9 million annually in subsequent years until 2034.
53%
VOTING RESULTS
2024-11-21
For
238
Against
198
Abstain
11
Status:
Became Law
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