This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0610 - Standards for liquefied petroleum gas storage tanks
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 1934-03
BILL NO. HCS for SCS for SB 610 and 835
SUBJECT: Liquefied Petroleum Storage
TYPE: Original
DATE: April 15, 1998
FISCAL SUMMARY
|
ESTIMATED NET EFFECT ON STATE FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Agriculture, Department of Transportation, and the Public Service Commission assume this proposal would not fiscally impact their agencies.
After lengthy discussions with the Department of Agriculture's, Division of Weights and Measures, the Department of Natural Resources (DNR) assumes this proposal would not fiscally impact their agency. DNR further assumes that this legislation specifically addresses the installation of any new petroleum tanks associated with the retail sale of petroleum products and that currently installed petroleum tanks would not have to be removed and replaced with 18 thousand gallon tanks.
| FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Small Business | |||
Retail sellers of petroleum products would expect to be fiscally impacted to the extent that installation of any new petroleum tanks would have to meet the minimum requirements.
DESCRIPTION
This proposal would require that the rules of the Department of Agriculture require any retailer of liquefied petroleum gases (LPG) to own and operate one or more storage tanks located in Missouri with a combined capacity of at least 18,000 gallons.
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 Agriculture
Department of Transportation
Department of Natural Resources
Department of Economic Development - PSC
Jeanne Jarrett, CPA
Director
April 15, 1998