COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 2966-01

Bill No.: SB 821

Subject: Energy; Public Buildings; Construction and Building Codes

Type: Original

Date: January 25, 2002




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
None
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
None
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 2 pages.



FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of Administration - Division of Design and Construction and the Department of Natural Resources assume the proposed legislation would have no fiscal impact on their agencies.



Oversight notes the potential for long-term savings provided the contractor delivers a finished product that results in an energy cost savings.

FISCAL IMPACT - State Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$0 $0 $0



FISCAL IMPACT - Local Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$0 $0 $0



FISCAL IMPACT - Small Business



Small businesses that specialize in the area of energy cost savings could be positively impacted.



DESCRIPTION



This proposal would allow the Division of Design and Construction to contract for guaranteed energy cost savings. Contractors must be selected based on experience, capability, past performance and proximity of the firm.



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 - Design and Construction

Department of Natural Resources

Mickey Wilson, CPA

Acting Director

January 28, 2002