COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2225-02
Bill No.: Truly Agreed To and Finally Passed SCS for SB 542
Subject: Energy; Treasurer, State
Type: Original
Date: May 21, 2009
Bill Summary: Expands eligibility for the State Treasurer’s linked deposit loan program.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
|||
FUND AFFECTED |
FY 2010 |
FY 2011 |
FY 2012 |
|
|
|
|
|
|
|
|
Total Estimated Net Effect on General Revenue Fund |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON OTHER STATE FUNDS |
|||
FUND AFFECTED |
FY 2010 |
FY 2011 |
FY 2012 |
|
|
|
|
|
|
|
|
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 |
|||
FUND AFFECTED |
FY 2010 |
FY 2011 |
FY 2012 |
|
|
|
|
|
|
|
|
Total Estimated Net Effect on All Federal Funds |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) |
|||
FUND AFFECTED |
FY 2010 |
FY 2011 |
FY 2012 |
|
|
|
|
|
|
|
|
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 2010 |
FY 2011 |
FY 2012 |
Local Government |
$0 |
$0 |
$0 |
FISCAL ANALYSIS
ASSUMPTION
Officials from the State Auditor’s Office, State Treasurer’s Office, Department of Agriculture, Missouri Senate, Missouri House of Representatives, Department of Natural Resources and Department of Economic Development assume there will be no fiscal impact to their agency.
Officials from the Attorney General’s Office assume that any potential costs arising from this proposal can be absorbed with existing resources.
Oversight assumes there could be a loss to general revenue when additional programs are eligible for the linked deposit program. However, Oversight assumes until there are additional programs the initial impact from this proposal would be zero.
FISCAL IMPACT - State Government |
FY 2010 (10 Mo.) |
FY 2011 |
FY 2012 |
|
|
|
|
|
|
|
|
|
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
|
FISCAL IMPACT - Local Government |
FY 2010 (10 Mo.) |
FY 2011 |
FY 2012 |
|
|
|
|
|
$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 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
State Auditor’s Office
Attorney General’s Office
Department of Natural Resources
State Treasurer’s Office
Missouri Senate
Missouri House of Representatives
Department of Agriculture
Department of Economic Development
Mickey Wilson, CPA
Director
May 21, 2009