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 - SJR 025 - Would reduce membership restriction from 2 years to 1, allow paid staff to participate and remove advertising prohibitio
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3067-01
BILL NO. SJR 25
SUBJECT: Constitutional Amendments: Bingo
TYPE: Original
DATE: January 16, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 1999
FY 2000
FY 2001 General Revenue
($79,000)
$0
$0
Total Estimated
($79,000)
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| 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 of the Missouri Gaming Commission stated that the proposal would have relatively small administrative impact. They also noted that lifting advertising restrictions could increase bingo tax receipts. (Some provisions of HCS for HB's 1159, 842 and 799 from the 1996 legislative session will not take effect until this or a similar amendment is adopted by Missouri voters.)
Advertisement costs for the proposal would be $3,990 per newspaper column inch for three publications of the text of the proposal, the introduction, title, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 1998 general election.
| FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
| Cost to General Revenue Fund | |||
| Secretary of State | |||
| Newspaper Advertisements | ($79,000) | ||
| FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
| $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 remove the constitutional provisions on advertising of bingo games in Missouri and would change restrictions on who could participate in operation of bingo games.
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
Missouri Gaming Commission
Secretary of State
Jeanne Jarrett, CPA
Director
January 16, 1998