COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1487-01
Bill No.: SJR 21
Subject: Constitutional Amendments: Conservation Department
Type: Original
Date: March 6, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| General Revenue | $0 | ($34,850) | $0 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | ($34,850) | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials of the Missouri Department of Conservation noted that Conservation Sales Tax proceeds account for about 60% of the Department's budget or about $92,000,000 in the current fiscal year. Assuming 2% per year growth in tax collections, losses would be about $50,000,000 for half of FY 2007, $102,000,000 in FY 2008 and $104,000,000 in FY 2009 if Missouri voters refused to renew the tax at the 2006 general election. They assume that the General Revenue Fund would be used to maintain the Department budget.
Oversight notes that, while the proposal would put the question of whether to retain the Conservation Sales Tax to a vote, the proposal would not necessarily end the Tax.
Secretary of State officials stated that advertisement costs for the proposal would be $3,485 per column inch for three printings of the text of the proposal, the introduction, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 2004 general election.
| FISCAL IMPACT - State Government | FY 2004 | FY 2005 | FY 2006 |
| GENERAL REVENUE FUND | |||
| Cost - Secretary of State
Newspaper Advertisements |
$0 |
($34,850) |
$0 |
| ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
$0 |
($34,850) |
$0 |
| FISCAL IMPACT - Local Government | FY 2004 | FY 2005 | FY 2006 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
Small businesses would be affected if voters of Missouri would not renew the Conservation Sales Tax.
DESCRIPTION
This proposal would put the question of whether to retain the sales tax imposed in section 43(a) of article IV of the Missouri Constitution (Conservation Sales Tax) to a vote of the people at the 2006 general election. If the voters agree to retain the tax, the question of whether to retain the tax would be resubmitted to the voters every four years. The tax would terminate December 31 after the election at which the voters did not renew the tax.
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 Revenue.
SOURCES OF INFORMATION
Missouri Department of Conservation
Secretary of State
Mickey Wilson, CPA
Director
March 6, 2003