COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 0083-01

Bill No.: HB 261

Subject: Roads and Highways, Transportation, Transportation Dept.

Type: Original

Date: February 13, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Road Fund ($3,376) $0 $0
Total Estimated

Net Effect on Other

State Funds

($3,376) $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 4 pages.















ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials with Department of Revenue assume this proposal would have no impact on their organization.



Officials with Department of Transportation (MoDOT) assume they could have to install eight highway signs along the entire section of Highway 65. MoDOT assumes they could incur cost for materials and installation.



FY 04- Cost



Sign installation $3,376

Total $3,376













FISCAL IMPACT - State Government FY 2004

(10 Mo.)

FY 2005 FY 2006
STATE ROAD FUND
Cost-Department of Transportation
Road Signs ($3,376) $0 $0
ESTIMATED EFFECT ON STATE ROAD FUND



($3,376)


$0


$0




FISCAL IMPACT - Local Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $0 $0





FISCAL IMPACT - Small Business



No direct fiscal impact to small businesses would be expected as a result of this proposal.



DESCRIPTION



This proposal would name the entire section of Highway 65 the "American Legion Memorial Highway".



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.

























SOURCES OF INFORMATION



Department of Revenue

Department of Transportation











Mickey Wilson, CPA

Director

February 13, 2003