COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1875-01
Bill No.: HB 553
Subject: Counties; Insurance - Medical; Retirement - Local Government
Type: Original
Date: March 4, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| 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.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the City of Kansas City, Department of Insurance, City of Springfield, County Employees' Retirement System, City of Jefferson City, Missouri Consolidated Health Care Plan and Missouri Local Government Employees Retirement System assume proposal will have no fiscal impact on their organizations.
Officials from the Office of Administration - Division of Accounting state the proposal will have no impact on the state. However, political subdivisions may provide health insurance benefits for dependents or retired or deceased officers.
| 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
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal allows political subdivisions to provide health insurance benefits to retired officers and their dependents and the dependents of deceased officers of the political subdivisions. Currently, these benefits are only offered to employees and their dependents.
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
City of Kansas City
Office of Administration -
Division of Accounting
County Employees' Retirement System
Missouri Consolidated Health Care Plan
Department of Insurance
Missouri Local Government Employees Retirement System
City of Springfield
City of Jefferson City
NOT RESPONDING: City of St. Louis and City of Columbia
Mickey Wilson, CPA
Director
March 4, 2003