Fiscal Note - SJR 016 - Authorizes the State to Enter Into Long Term Property Leases
L.R. NO. 1595-01
BILL NO. SJR 16
SUBJECT: Constitutional Amendment: Property, Real
TYPE: Original
DATE: March 25, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
General Revenue $0 ($50,200) $0
Total Estimated
Net Effect on All
State Funds $0 ($50,200) $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
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
Officials of all agencies responding (see Sources of Information) stated they
would not be fiscally affected by this proposal.
Advertisement costs for the proposal would be $3,990 per newspaper column
inch for three publications of the text of the proposal, the introduction,
title, fiscal note summary, and affidavit. The proposal would be on the
ballot for the November 1998 general election.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
Cost to General Revenue Fund
Secretary of State
Newspaper Advertisements ($50,200)
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
$0 $0 $0
FISCAL IMPACT - Small Business
If the General Assembly authorized multi-year leases, small businesses could
be affected by this proposal.
DESCRIPTION
This proposal would authorize the state to enter into, according to law,
leases for real property for periods of up to five years. Currently, lease
obligations must end at the end of each fiscal year.
This legislation is not federally mandated, would not duplicate any other
program, would not require additional capital improvements or rental space,
and would not affect total state revenue.
SOURCES OF INFORMATION
Office of Administration
Department of Agriculture
Department of Conservation
Department of Corrections
Department of Economic Development
Department of Elementary and Secondary Education
Department of Health
Department of Higher Education
Department of Transportation
Department of Insurance
Department of Labor and Industrial Relations
Department of Mental Health
Department of Natural Resources
Department of Public Safety
Department of Revenue
Department of Social Services
State Courts Administrator
State Gaming Commission
State Lottery Commission
State Tax Commission
Office of Prosecution Services
State Public Defender
House of Representatives
Senate
State Auditor
Attorney General
Governor
Lieutenant Governor
Secretary of State
Treasurer
Central Missouri State University
Harris- Stowe State College
Missouri Western State College
Truman State University
Southwest Missouri State University
Linn Technical State College
University of Missouri
This Fiscal Note is not an official copy and should not be quoted or cited.