This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0702 - Removes Expiration Date of Jt. Com. on Capital Improvements
L.R. NO. 2850-01
BILL NO. Truly Agreed To And Finally Passed SB 702
SUBJECT: General Assembly: Leases
TYPE: Original
DATE: April 17, 1996
FISCAL SUMMAR
Y
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 from the House of Representatives, Senate, Office of
Administrative-Facilities Management, Department of Natural Resources and
Joint Committee on Capital Improvements assume the proposal would have no
fiscal impact on them.
FISCAL IMPACT - State Government FY 1997 FY 1998 FY 1999
0 0 0
FISCAL IMPACT - Local Government FY 1997 FY 1998 FY 1999
0 0 0
DESCRIPTION
The proposal would change the name of the Joint Committee on Capital
Improvements Oversight to the Joint Committee on Capital Improvements and
Leases Oversight. The committee would be responsible for monitoring all
leases and proposed leases of real property funded with state moneys,
including any operating costs or other costs associated with any such lease
arrangement.
The proposal includes an emergency clause.
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
House of Representatives
Senate
Office of Administrative-Facilities Management
Joint Committee on Capital Improvements
Department of Natural Resources