COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 5435-01
Bill No.: HB 2396
Subject: Counties: Roads and Highways, Taxes
Type: Original
Date: April 15, 2008
Bill Summary: Allows certain counties to increase the special road rock fund tax up to fifty cents per acre on agricultural and horticultural property.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
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FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
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|
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Total Estimated Net Effect on General Revenue Fund |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON OTHER STATE FUNDS |
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FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
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|
|
|
|
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Total Estimated Net Effect on Other State Funds |
$0 |
$0 |
$0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
ESTIMATED NET EFFECT ON FEDERAL FUNDS |
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FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
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|
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|
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Total Estimated Net Effect on All Federal Funds |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) |
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FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
|
|
|
|
|
|
|
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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 |
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FUND AFFECTED |
FY 2009 |
FY 2010 |
FY 2011 |
Local Government |
$0 |
$0 |
$0 |
FISCAL ANALYSIS
ASSUMPTION
Officials of the Department of Highways and Transportation assume no fiscal impact to their department.
Oversight sent response request to the counties that would be impacted by this proposal, and none have responded.
Oversight assumes this proposal is permissive. This proposal increases the maximum amount of road rock levy that could be imposed from 25 cents on each acre of land to 50 cents on each acre of land. Oversight assumes any increase in the levy would have to be approved by the voters of the county. For purposes of this fiscal note, impact will be shown as $0.
FISCAL IMPACT - State Government |
FY 2009 (10 Mo.) |
FY 2010 |
FY 2011 |
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|
|
|
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$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, however; should a County Commission of certain third class counties place the question of a levy rate increase on the ballot, and voters would approve an increase in property taxes for road rock, then small businesses owning property classified as agricultural or horticultural would be expected to pay the tax increase on that property.
FISCAL DESCRIPTION
The proposed legislation appears to have no fiscal impact.
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 Highway and Transportation
NOT RESPONDING
County Commissions of:
Carter County
Holt County
Scotland County
Knox County
Schuyler County
Worth County
Mickey Wilson, CPA
Director
April 15, 2008