Fiscal Note - SB 0342 - Renames Water Well Drillers' Fund As the Groundwater Protection Fund
L.R. NO. 1429-01
BILL NO. Truly Agreed to and Finally Passed SB 342
SUBJECT: Water Well Driller's Fund
TYPE: Original
DATE: April 22, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Water Well
Driller's Fund ($130,000) $0 $0
Groundwater
Protection Fund $130,000 $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
The Department of Natural Resources assumes the funds remaining in the Water
Well Drillers Fund on the effective date of this legislation will be
transferred to the Groundwater Protection Fund. At this time, the department
estimates this amount to be approximately $130,000.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
WATER WELL DRILLERS FUND
Transfer Out - to close fund
to - Groundwater Protection Fund ($130,000) $0 $0
GROUNDWATER PROTECTION FUND
Transfer In - to open renamed fund
from - Water Well Driller's Fund $130,000 $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 act renames the Water Well Drillers Fund as the Groundwater Protection
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
Missouri Department of Natural Resources
This Fiscal Note is not an official copy and should not be quoted or cited.