COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION

FISCAL NOTE

L.R. No.: 0213-01

Bill No.: SB 109

Subject: Real and Personal Property; Liens; Contracts and Contractors

Type: Original

Date: January 15, 2003

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FISCAL SUMMARY

ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED	FY 2004	FY 2005	FY 2006
None
Total Estimated Net Effect on General Revenue Fund	$0	$0	$0

ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED	FY 2004	FY 2005	FY 2006
None
Total Estimated Net Effect on Other State Funds	$0	$0	$0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.

ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED	FY 2004	FY 2005	FY 2006
None
Total Estimated Net Effect on All Federal Funds	$0	$0	$0

ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED	FY 2004	FY 2005	FY 2006
Local Government	$0	$0	$0

FISCAL ANALYSIS

ASSUMPTION

Officials from the Office of Administration, Department of Transportation, Department of Conservation, Office of Secretary of State, City of Kansas City, and the City of Springfield assume the proposed legislation would have no fiscal impact on their agencies.

Officials from the Office of State Courts Administrator (CTS) would anticipate a small increase in the number of cases filed. CTS would not expect a significant impact on the budget of the judiciary.

Officials from St. Louis City, St. Louis County, Jackson County, and St. Charles County did not respond to Oversight's request for fiscal impact.

FISCAL IMPACT - State Government	FY 2004 (10 Mo.)	FY 2005	FY 2006
	$0	$0	$0

FISCAL IMPACT - Local Government	FY 2004 (10 Mo.)	FY 2005	FY 2006
	$0	$0	$0

FISCAL IMPACT - Small Business

The proposed legislation could have a fiscal impact on small businesses that rent equipment.

DESCRIPTION

The proposed legislation would expand the lien law to include rental equipment.

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 Administration

Office of State Courts Administrator

Department of Transportation

Department of Conservation

Office of Secretary of State

City of Kansas City

City of Springfield

NOT RESPONDING

St. Louis City

St. Louis County

Jackson County

St. Charles County

Mickey Wilson, CPA

Director

January 15, 2003