COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4859-02
Bill No.: SB 1267
Subject: Political Subdivisions: Contracts, Filings
Type: Original
Date: April 5, 2002
FISCAL SUMMARY
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the Office of Secretary of State assume no fiscal impact to their office.
The Cass County Clerk assumes no fiscal impact.
Officials of the Little Blue Valley Sewer District assume no fiscal impact.
Oversight assumes no state or local fiscal impact.
| 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
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This act provides that a contract involving multiple political subdivisions located in three or more counties may be filed only with the Secretary of State. Under current law, the political subdivisions must also file a copy with the County Recorder of Deeds in which each political subdivision is located.
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 Secretary of State
Cass County Clerk
Little Blue Valley Sewer District
NOT RESPONDING
The Cities of St. Louis, Kansas City, Independence, Raytown, Chesterfield, St. Charles and Branson. The Counties of Callaway, Boone, Marion, and Cape Girardeau, and the St. Louis Metropolitan Sewer District.
Mickey Wilson, CPA
Acting Director
April 5, 2002