This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0644 - Prohibits ATM Devices on Excursion Gambling Boats
L.R. NO.  1987-02
BILL NO.  SB 644
SUBJECT:  Banks; Gambling Boats
TYPE:     Original
DATE:     December 29, 1995



                              FISCAL SUMMARY
                    ESTIMATED NET EFFECT ON STATE FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999
None                            $0                  $0                $0

Total Estimated
Net Effect on All
State Funds                     $0                  $0                $0

                   ESTIMATED NET EFFECT ON FEDERAL FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999
None                            $0                  $0                $0

Total Estimated
Net Effect on All
Federal Funds                   $0                  $0                $0

                    ESTIMATED NET EFFECT ON LOCAL FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999
Local Government                $0                  $0                $0

                              FISCAL ANALYSIS

ASSUMPTION

Officials of the Department of Economic Development - Divisions of Finance
and Credit Unions as well as officials of the Missouri Gaming Commission
indicate that this legislation would have no fiscal impact on their agencies.

FISCAL IMPACT - State Government FY 1997   FY 1998   FY 1999
                                (10 Mo.)

                                       0         0         0

FISCAL IMPACT - Local Government FY 1997   FY 1998   FY 1999
                                (10 Mo.)

                                       0         0         0

DESCRIPTION

This legislation would prohibit financial institutions from operating
branches or automated teller machines on excursion gambling boats.

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

Department of Economic Development - Divisions of Finance and Credit Unions
Missouri Gaming Commission