COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 1202-03
BILL NO.: Truly Agreed and Finally Passed HCS for SB 278
SUBJECT: Business and commerce.
TYPE: Original
DATE: April 30, 1999
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS | |||
FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
None | |||
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
None | |||
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 2 pages.
FISCAL ANALYSIS
ASSUMPTION
The Office of the Secretary of State, Office of the State Courts Administrator, Office of the State Public Defender, Department of Economic Development, and the Department of Insurance assume the proposed legislation would have no fiscal impact on their agencies.
FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
(10 Mo.) | |||
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 authorizes Missouri limited liability companies to serve as trustees of a trust organized under Missouri law.
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
Office of the Secretary of State
Office of the State Courts Administrator
Office of the State Public Defender
Department of Economic Development
Department of Insurance
NOT RESPONDING: Office of the Attorney General
Jeanne Jarrett, CPA
Director
April 30, 1999