COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4168-01
Bill No.: HB 1850
Subject: Courts; Environmental Protection; Liability
Type: Original
Date: February 15, 2008
Bill Summary: The proposal establishes the Asbestos and Silica Claims Priorities Act.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
|||
FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
General Revenue |
Less than $40,000 |
Less than $40,000 |
Less than $40,000 |
|
|
|
|
Total Estimated Net Effect on General Revenue Fund |
Less than $40,000 |
Less than $40,000 |
Less than $40,000 |
ESTIMATED NET EFFECT ON OTHER STATE FUNDS |
|||
FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
|
|
|
|
|
|
|
|
Total Estimated Net Effect on Other State Funds |
$0 |
$0 |
$0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 5 pages.
ESTIMATED NET EFFECT ON FEDERAL FUNDS |
|||
FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
Federal |
$0 |
$0 |
$0 |
|
|
|
|
Total Estimated Net Effect on All Federal Funds |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) |
|||
FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
|
|
|
|
|
|
|
|
Total Estimated Net Effect on FTE |
0 |
0 |
0 |
☐ Estimated Total Net Effect on All funds expected to exceed $100,000 savings or (cost).
☐ Estimated Net Effect on General Revenue Fund expected to exceed $100,000 (cost).
ESTIMATED NET EFFECT ON LOCAL FUNDS |
|||
FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
Local Government |
$0 |
$0 |
$0 |
FISCAL ANALYSIS
ASSUMPTION
Officials from the Office of the Attorney General, Department of Insurance, Financial Institutions, and Professional Registration, Department of Natural Resources, Department of Health and Senior Services, Department of Labor and Industrial Relations, Department of Public Safety – Director’s Office, and the – Missouri Veterans’ Commission assume the proposal would have no fiscal impact on their agencies.
Officials from the Office of State Courts Administrator assume the proposed legislation would have no fiscal impact on the courts.
Officials from the Department of Social Services (DOS) assume the proposal creates the “Asbestos and Silica Claims Priorities Act,” which establishes criteria for civil claims arising out of exposure to asbestos or silica.
DOS states when Medicaid recipients receive personal injury settlements, the Division of Medical Services (DMS) is to be repaid for any expenditure related to the injury. In order to collect, DMS must assert a lien against the personal injury settlement. DMS is unable to determine the number of recipients exposed to asbestos or silica or the number of potential claims that would be pursued by Medicaid recipients. However, based on historical knowledge regarding the average cost recovery per claim, DMS assumes the fiscal impact due to increased recoveries would be less than $100,000 per fiscal year ($60,000 Federal Funds and $40,000 General Revenue).
Oversight assumes the income in federal funds would be offset by an increase in costs in the form of program reimbursements.
FISCAL IMPACT - State Government |
FY 2009 (10 Mo.) |
FY 2010 |
FY 2011 |
GENERAL REVENUE FUND |
|
|
|
|
|
|
|
Income – Department of Social Services |
|
|
|
Recovery of personal injury settlements |
Less than $40,000 |
Less than $40,000 |
Less than $40,000 |
|
|
|
|
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
Less than $40,000 |
Less than $40,000 |
Less than $40,000 |
|
|
|
|
|
|
|
|
FEDERAL FUND |
|
|
|
|
|
|
|
Income – Department of Social Services |
|
|
|
Recovery of personal injury settlements |
Less than $60,000 |
Less than $60,000 |
Less than $60,000 |
|
|
|
|
Costs – Department of Social Services |
|
|
|
Program reimbursements |
(Less than $60,000) |
(Less than $60,000) |
(Less than $60,000) |
|
|
|
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS |
$0 |
$0 |
$0 |
FISCAL IMPACT - Local Government |
FY 2009 (10 Mo.) |
FY 2010 |
FY 2011 |
|
|
|
|
|
$0 |
$0 |
$0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
The proposal creates the “Asbestos and Silica Claims Priorities Act, which establishes criteria for civil claims arising out of exposure to asbestos or silica.
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
Office of the Attorney General
Office of State Courts Administrator
Department of Insurance, Financial Institutions, and Professional Registration
Department of Natural Resources
Department of Health and Senior Services
Department of Labor and Industrial Relations
Department of Social Services
Department of Public Safety
– Missouri Veterans’ Commission
– Director’s Office
Mickey Wilson, CPA
Director
February 15, 2008