SB 0874 - Fiscal Note

Fiscal Note - SB 0874 - Missouri Fire Education Trust Fund

L.R. NO.  3144-01
BILL NO.  Truly Agreed To And Finally Passed SB 874
SUBJECT:  State Treasurer:  Fire Districts
TYPE:     Original
DATE:     April 18, 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 from the University of Missouri assume the proposal would have no
fiscal impact on them.

Officials from the Department of Public Safety-Division of Fire Safety and
Department of Revenue assume the proposal would result in no fiscal impact to
the departments.

Officials from the State Treasurer's Office (STO) state that since the fund
has not been appropriated funds, they conclude that exempting the Missouri
Fire Education Trust Fund from the biennial transfer results in no lost
revenue to the STO or General Revenue.

Officials from the Office of Administration assume the proposal would result
in no fiscal impact to them.  They state that the Fire Education Fund and
Fire Education Trust Fund have zero balances.

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

Under the proposed legislation, moneys in the Missouri Fire Education Trust
Fund at the end of any biennium would not be transferred to the credit of the
General Revenue Fund.

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

State Treasurer 's Office
Office of Administration
Department of Revenue
University of Missouri
Department of Public Safety-Division of Fire Safety