SB 0835 - Fiscal Note

Fiscal Note - SB 0835 - Retailer of liquefied petroleum gas shall have storage tank located in Missouri and of specified size

COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION

FISCAL NOTE

L.R. NO. 3302-01

BILL NO. SB 835

SUBJECT: Agriculture: Liquified Petroleum Storage

TYPE: Original

DATE: February 9, 1998

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FISCAL SUMMARY

ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED	FY 1999	FY 2000	FY 2001
None	$0	$0	$0
Total Estimated Net Effect on All State Funds	$0	$0	$0

ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED	FY 1999	FY 2000	FY 2001
None	$0	$0	$0
Total Estimated Net Effect on All Federal Funds	$0	$0	$0

ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED	FY 1999	FY 2000	FY 2001
Local Government	$0	$0	$0

Numbers within parentheses: ( ) indicate costs or losses

This fiscal note contains 2 pages.

FISCAL ANALYSIS

ASSUMPTION

Officials from the Department of Agriculture and the Department of Economic Development assume this proposal would not fiscally impact their agencies.

FISCAL IMPACT - State Government	FY 1999	FY 2000	FY 2001
	(10 Mo.)
	$0	$0	$0
FISCAL IMPACT - Local Government	FY 1999	FY 2000	FY 2001
	(10 Mo.)
	$0	$0	$0
FISCAL IMPACT - Small Business

Retail sellers of petroleum products would expect to be fiscally impacted to the extent that installation of any new petroleum tanks would have to meet the minimum requirements.

DESCRIPTION

This proposal would require that the rules of the Department of Agriculture shall require any retailer of liquefied petroleum gases (LPG) to have a main storage tank in Missouri which holds

at least 18,000 gallons.

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 Agriculture

Department of Economic Development

Jeanne Jarrett, CPA

Director

February 9, 1998