This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0505 - Funding For Conv. & Sports Complexes Must Begin Before FY'97
L.R. NO. 2074-02
BILL NO. Perfected SB 505
SUBJECT: Amusement: City, Counties
TYPE: Original
DATE: May 1, 1996
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials of the following agencies indicate that this legislation would have
no fiscal impact to them: St. Louis Regional Convention and Sports Complex
Authority, Jackson County Sports Complex Authority, Jackson County, and the
Office of Administration (OA).
OA officials stated that this legislation has no explicit fiscal impact. It
could result in a positive fiscal impact to the state if it precludes the use
of state funds to build sports/convention facilities beyond FY 98.
FISCAL IMPACT - State Government FY 1997 FY 1998 FY 1999
(10 Mo.)
0 0 0
FISCAL IMPACT - Local Government FY 1997 FY 1998 FY 1999
(10 Mo.)
0 0 0
DESCRIPTION
This proposal states that there shall be no appropriations to any convention
and sports complex fund after June 30, 1997, unless construction moneys were
appropriated to the fund prior to July 1, 1997.
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
St. Louis Regional Convention and Sports Complex Authority
Jackson County Sports Complex Authority
Office of Administration
Jackson County
NOT RESPONDING: Green County, and the St. Charles County Executive