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 - SB 0234 - Establishes the "Department of Labor and Industrial Relations Administrative Fund" and modifies child labor laws
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 1006-06
BILL NO. Truly Agreed To and Finally Passed HCS for SCS for SB 234
SUBJECT: Labor and Industrial Relations: Appropriations
TYPE: Original
DATE: April 27, 1999
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds ESTIMATED NET EFFECT ON FEDERAL FUNDS Net Effect on All Federal Funds ESTIMATED NET EFFECT ON LOCAL FUNDS Numbers within parentheses: ( ) indicate costs or losses This fiscal note contains 4 pages. FISCAL ANALYSIS ASSUMPTION Officials from the Department of Labor and Industrial Relations (DOL) assume this proposal would not fiscally impact
their agency. The essential objective of the proposed legislation is to create the Labor and Industrial Relations
Administrative Fund. This fund will be used to finance the operation of the department's administrative sections. The proposed legislation allows DOL to reallocate monies from other funds in the following manner: in FY 2000, General
Revenue Fund 5.74% or $4,402; Workers' Compensation Fund 11.25% or $8,627; Crime Victims' Compensation Fund
0.58% or $445; and Federal Funds 82.43% or $63,210. In FY 2001 and FY 2002 the reallocation percentages will change
slightly based on the reorganization of DOL with the Department of Economic Development and therefore cannot be
currently predicted. Since this is a transfer from current funds to the new Administrative Fund, the overall net impact to
DOL will be $0. For purposes of the fiscal note, Oversight assumes the percentages identified in FY2000 will be used in FY2001 and
FY2002 as adjusted for inflation. Oversight assumes the overall financial impact to DOL will be zero. Officials from the State Treasurer's Office and the Department of Revenue assume this proposal would not fiscally
impact their agencies. ESTIMATED NET EFFECT ON
FUND AFFECTED
FY 2000
FY 2001
FY 2002 DOL Administration Fund
$76,684
$78,601
$80,556 General Revenue
($4,402)
($4,512)
($4,624) Workers' Compensation Fund
($8,627)
($8,843)
($9,063) Crime Victims'
Compensation Fund
($445)
($456)
($467) Total Estimated
$63,210
$64,790
$66,402
FUND AFFECTED
FY 2000
FY 2001
FY 2002 Federal Funds
($63,210)
($64,790)
($66,402) Total Estimated
($63,210)
($64,790)
($66,402)
FUND AFFECTED
FY 2000
FY 2001
FY 2002 Local Government
$0
$0
$0
FISCAL IMPACT - State
Government
FY 2000
FY 2001
FY 2002
(10 Mo.)
LABOR AND INDUSTRIAL RELATIONS ADMINISTRATIVE FUND Income - Department of Labor and Industrial Relations (DOL) Transfers from other DOL funding sources
$76,684
$78,601
$80,566 GENERAL REVENUE FUND Cost - Department of Labor and Industrial Relations (DOL) Transfer to the Labor and Industrial Relations Administrative Fund
($4,402)
($4,512)
($4,624) FISCAL IMPACT - State
Government
FY 2000
FY 2001
FY 2002 (Continued)
(10 Mo.)
WORKERS' COMPENSATION FUND Cost - Department of Labor and Industrial Relations (DOL) Transfer to the Labor and Industrial Relations Administrative Fund
($8,627)
($8,843)
($9,063) CRIME VICTIMS' COMPENSATION FUND Cost - Department of Labor and Industrial Relations (DOL) Transfer to the Labor and Industrial Relations Administrative Fund
($445)
($456)
($467) FEDERAL FUNDS Cost - Department of Labor and Industrial Relations (DOL) Transfer to the Labor and Industrial Relations Administrative Fund
($63,210)
($64,790)
($66,402)
ALL FUNDS
$0
$0
$0 FISCAL IMPACT - Local
Government
FY 2000
FY 2001
FY 2002
(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 proposal would establish a "Department of Labor and Industrial Relations Fund" for the purpose of administering receipts and expenditures of the Department of Labor and Industrial Relations. The State Treasurer shall be custodian of the fund and shall make necessary disbursements as requested by the director of the Department of Labor and Industrial Relations.
The Department shall report all receipts and expenditures from this fund in its annual budget.
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 Labor and Industrial Relations
State Treasurer's Office
Department of Revenue
Jeanne Jarrett, CPA
Director
April 27, 1999