COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 2036-01
BILL NO.: Truly Agreed To And Finally Passed SB 479
SUBJECT: Liquefied Petroleum Storage
TYPE: Original
DATE: April 29, 1999
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS | |||
FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
None | $0 | $0 | $0 |
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 | $0 | $0 | $0 |
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 from the Department of Economic Development - Public Service Commission (PSC) and the Department of Economic Development - Office of Public Counsel (OPC) assume the proposed legislation would have no fiscal impact on their agencies.
Officials from the Department of Natural Resources (DNR) assume the legislation would only apply to retail distributors. Based on this assumption, the DNR would not be fiscally impacted.
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
The proposed legislation would change the word "owns" to "maintains" with regard to storage tanks, thereby allowing delivery of LP gas by an out-of-state company if it maintains and operates one or more storage tanks in Missouri with a combined capacity of 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.
This proposal would not affect Total State Revenues.
SOURCES OF INFORMATION
Department of Economic Development - Public Service Commission
Department of Economic Development - Office of Public Counsel
Department of Natural Resources
Jeanne Jarrett, CPA
Director
April 29, 1999