COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1211-01
Bill No.: Perfected SB 293
Subject: Economic Development; Business and Commerce
Type: Original
Date: March 5, 2001
FISCAL SUMMARY
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
General Revenue | ($4,200) | ($5,000) | ($5,000) |
Total Estimated
Net Effect on All State Funds |
($4,200) | ($5,000) | ($5,000) |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
None | |||
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
ASSUMPTION
Officials from the Department of Revenue (DOR) assume the proposal would not have a fiscal impact on their agency. However, DOR does believe that this proposal would duplicate efforts of an existing advisory board under the Office of Administration - Office of Information Technology entitled the "Information Technology Advisory Board". DOR states that this board has formed several committees and subcommittees, one of which is an "E-Government" Committee. The committee includes representatives from the following agencies: Department of Social Services, Office of Information Technology, Office of Administration, Department of Revenue, State Treasurers' Office, State Courts Administrator's Office, Department of Elementary and Secondary Education and the Secretary of State.
Officials from the Department of Labor and Industrial Relations, Office of Administration - divisions of Budget and Planning and Office of Information Technology assume this proposal would not fiscally impact their respective agencies.
Officials from the Department of Economic Development (DED) assume that the 11 member committee will meet four times in the first year to organize and begin business, and then meet at least quarterly thereafter. In accordance with the proposal the members of the committee will receive reimbursement for expenses only. DED estimates the expense reimbursement as follows;
Mileage: It is estimated that 10 members of the 11 member committee will drive an average of 240 miles round trip to attend committee meetings. 240 miles round trip x 4 meetings per fiscal year x $.295 mileage reimbursement rate x 10 = $2,832.00 (10 x 240 x 4 x .295) total mileage reimbursement.
Lodging: $75 hotel cost per night @ 2 nights stay (2 nights per meeting) for 10 members = $6,000 (75 x 2 x 4 x 10).
Meals: $35 daily meal allowance x 4 meeting per year x 2 days per meeting x 10 attendees = $2,800. Also, $22 dinner meal for evening prior to meeting x 4 meeting per year x 10 members = $880 total dinner meal for evening prior to meeting. Therefore, total meal allowance is $3,680 ((35 x 4 x 2 x 10) + (22 x 10 x 4)).
DED assumes the total reimbursable expenses incurred by the committee members will total roughly $13,000 per year.
Oversight assumes many of the meetings will occur in Jefferson City and therefore, mileage, lodging, and meal allowances will not be as high as the DED has estimated. Oversight estimates
ASSUMPTION (continued)
members of the committee will be reimbursed for actual and necessary expenses incurred and would total roughly $5,000 per fiscal year.
FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
GENERAL REVENUE | |||
Costs - Reimbursable expenses for
performance of committee |
($4,200) |
($5,000) |
($5,000) |
FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
$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 establishes the Advisory Committee for Electronic Commerce within the Department of Economic Development (DED) for the purpose of advising state agencies on issues related to electronic commerce. The Director of the DED chairs the Committee and appoints 10 other members in accordance with certain specified criteria. Members are appointed
for two-year terms and the Committee is required to meet at least twice per year.
This legislation is not federally mandated, and would not require additional capital improvements or rental space. It may, however, duplicate an existing program (please see Assumptions for explanation).
SOURCES OF INFORMATION
Department of Revenue
Office of Administration
Budget and Planning
Office of Information Technology
Department of Labor and Industrial Relations
Department of Economic Development
Jeanne Jarrett, CPA
Director
March 5, 2001