SB 0870 - Fiscal Note

Fiscal Note - SB 0870 - Authorizes Conveyances in Shannon and Jefferson Counties

L.R. NO.  2795-02
BILL NO.  Truly Agreed to and Finally Passed HCS for SB 870
SUBJECT:  Land Conveyances
TYPE:     Original
DATE:     April 22, 1996



                              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 Attorney General's Office assume that any costs incurred
would be absorbed by the existing budget.

Officials of the Department of Highways & Transportation (DHT) assume that
there would be no fiscal impact to their agency.

Department of Natural Resources (DNR) officials also assume there would be no
costs to the department as a result of the easement conveyance.

Oversight assumes that the legislation would authorize DHT to convey certain
land for consideration based on appraised value, and that the sales price
would approximate the carrying value of the land.  Therefore, there would be
no net fiscal impact to the department.


FISCAL IMPACT - State Government                  FY 1997   FY 1998   FY 1999
                                                 (10 Mo.)
Income-Department of Highways
and Transportation
Amount received for sale of 41.42 acres
in Shannon County                                 Unknown         0         0

Cost-Department of Highways
and Transportation
Sale of 41.42 acres in Shannon County/carrying
value of the land eliminated from the
Department's general fixed asset account group  (Unknown)         0         0

NET EFFECT ON STATE FUNDS                              $0        $0        $0


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

                                                        0         0         0



DESCRIPTION

This legislation would allow the Department of Highways and Transportation to
convey certain lands in Shannon County for valuable consideration based on
appraisal of the property.  It would also require the Department of Natural
Resources to convey a permanent easement to the consolidated public water
supply district in Jefferson County for the purpose of adding a water line in
Mastodon state park.

The provision requiring the conveyance of the permanent easement by the
Department of Natural Resources carries an emergency clause, and is to be
effective upon passage and approval.

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

Attorney General's Office
Department of Highways & Transportation
Department of Natural Resources