COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1255-02

Bill No.: Perfected HCS for HB 392

Subject: Business and Commerce, Merchandising Practices, Motor Vehicles

Type: Original

Date: March 17, 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
Total Estimated

Net Effect on Other

State Funds

 $0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 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 the Department of Revenue assume this proposal would have no fiscal impact on their agency.



Officials with the Department of Economic Development had no fiscal impact on a similar proposal



Officials with the Office of State Courts Administrator assume this proposal would not generate an extensive number of cases. Therefore, their agency assumes they can absorb any cost associated with this proposal.



FISCAL IMPACT - State Government FY 2004

(10 Mo.)

 FY 2005 FY 2006
$0 $0 $0



FISCAL IMPACT - Local Government FY 2004

(10 Mo.)

 FY 2005 FY 2006
$0 $0 $0





FISCAL IMPACT - Small Business



This proposal could have fiscal impact to small businesses dealing in motorcycle, all terrain vehicle and personal water craft franchises. This proposal could provide dealers with protected market areas and establish some recourse for infringement by other franchisees.



DESCRIPTION



This proposal would define the relevant market area for certain franchise dealers.



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 Economic Development

Office of State Courts Administrator













Mickey Wilson, CPA

Director

March 17, 2003