This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0765 - Opts Out of Interstate Branch Banking
L.R. NO.  2792-01
BILL NO.  SB 765
SUBJECT:  Banking
TYPE:     Original
DATE:     January 23, 1996



                              FISCAL SUMMARY


                    ESTIMATED NET EFFECT ON STATE FUNDS

FUND AFFECTED                 FY 1997         FY 1998        FY 1999

None                               $0              $0             $0


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

None                               $0              $0             $0


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 Department of Economic Development - Divisions of Finance
and Credit Unions assume that this legislation would have no fiscal impact on
their agencies.

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 legislation would prohibit interstate branch banking in Missouri.

The legislation has a termination date of August 28, 1999.

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 Economic Development - Divisions of Finance and Credit Unions