This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0437 - Creates Exemption to a Bond Requirement in Public Works Contracts for Certain Persons Providing Works of Art

L.R. NO.  1730-01
BILL NO.  Truly Agreed To And Finally Passed SB 437
SUBJECT:  Contracts and Contractors: Art
TYPE:     Original
DATE:     April 24, 1997


                              FISCAL SUMMARY

                    ESTIMATED NET EFFECT ON STATE FUNDS

FUND AFFECTED              FY 1998             FY 1999           FY 2000


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


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

Office of Administration officials stated this proposal would not affect
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 due to this
proposal.


DESCRIPTION

This proposal would add artists to the list of occupations not included in
the definition of contractor in section 107.170, RSMo Supp. 1996.

This legislation is not federally mandated, would not duplicate any other
program, would not require additional capital improvements or rental space,
and would not affect total state revenue.


SOURCES OF INFORMATION

Office of Administration - Division of Design and Construction