This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SJR 008 - Excludes from definition of total state revenues funds designated for Missouri veterans' homes
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 0355-01
BILL NO.: SJR 8
SUBJECT: Constitutional Amendments: Veterans
TYPE: Original
DATE: January 13, 1999
FISCAL SUMMARY
|
ESTIMATED NET EFFECT ON STATE FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| General Revenue | $0 | ($47,000) | $0 |
| Total Estimated
Net Effect on All State Funds |
$0 | ($47,000) | $0 |
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials of the Missouri Veterans Commission stated that the proposal would not affect any fund sources or cause any administrative changes.
Oversight estimates the proposal would remove approximately $30,000,000 from the definition of "total state revenues" when it would go into effect.
Advertisement costs for the proposal would be $3,990 per newspaper column inch for three publications of the text of the proposal, the introduction, title, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 2000 general election.
| FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
| Cost to General Revenue Fund | |||
| Secretary of State | |||
| Newspaper Advertisements | ($ 47,000) | ||
| FISCAL IMPACT - Local Government | FY 2000 | FY 2001 | FY 2002 |
| 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 proposal would exclude funds designated only for the use and operation of Missouri veterans' homes from the definition of "total state revenues" in section 17 of article X of the Constitution of the state of Missouri.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. The proposal would affect Total State Revenue.
SOURCES OF INFORMATION
Department of Public Safety - Missouri veterans Commission
Secretary of State
SOURCES OF INFORMATION (continued)
The Missouri Budget: Fiscal Year 1999
Jeanne Jarrett, CPA
Director
January 13, 1999