Fiscal Note - SB 0127 - Expands Environmental Improvement and Energy Resources Borrowing Authority To Include All Purposes Authoriz. By L
L.R. NO. 0689-01
BILL NO. SB 127
SUBJECT: Expands EIERA Authority
TYPE: Original
DATE: January 16, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None $0 $0 $0
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None $0 $0 $0
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
The Department of Natural Resources (DNR) assumes the Environmental
Improvement and Energy Resource Authority (EIERA) already has the authority,
under other sections of its enabling legislation, to borrow money and issue
bonds or notes as evidence of such borrowing. The DNR assumes this proposal
does not change the EIERA's authority or powers and would therefore, have no
fiscal impact on the department or the EIERA.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of
this proposal.
DESCRIPTION
This act expands the borrowing authority of the Environmental Improvement and
Energy Resource Authority (EIERA), currently limited to energy development,
to cover all of EIERA's statutory purposes.
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
Missouri Department of Natural Resources
This Fiscal Note is not an official copy and should not be quoted or cited.