This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0193 - Missouri Opts Out of Interstate Branch Banking

L.R. NO.  0838-01
BILL NO.  SB 193
SUBJECT:  Banking
TYPE:     Original
DATE:     January 23, 1997


                              FISCAL SUMMARY

                    ESTIMATED NET EFFECT ON STATE FUNDS

FUND AFFECTED              FY 1998             FY 1999           FY 2000

None                            $0                  $0                $0

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


                   ESTIMATED NET EFFECT ON FEDERAL FUNDS

FUND AFFECTED              FY 1998             FY 1999           FY 2000

None                            $0                  $0                $0

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


                    ESTIMATED NET EFFECT ON LOCAL FUNDS

FUND AFFECTED              FY 1998             FY 1999           FY 2000

Local Government                $0                  $0                $0


                              FISCAL ANALYSIS

ASSUMPTION

Officials of the Department of Economic Development - Division of Finance
assume that this proposal would have no fiscal impact on their agency.


FISCAL IMPACT - State Government     FY 1998   FY 1999   FY 2000
                                    (10 Mo.)

                                           0         0         0


FISCAL IMPACT - Local Government     FY 1998   FY 1999   FY 2000
                                    (10 Mo.)

                                           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 proposal would prohibit interstate branch banking in Missouri.

The proposal has a termination date of August 28, 2000.

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 - Division of Finance