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 0860 - Cities may not impose additional license fees or taxes on elec. co. activities on their own telecommun. facilities
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3609-01
BILL NO. SB 860
SUBJECT: Telecommunications
TYPE: Original
DATE: February 16, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 1999
FY 2000
FY 2001 None
Total Estimated
$0
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| None | |||
| 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 | (Unknown) | (Unknown) | (Unknown) |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials of the Office of Administration, the Department of Revenue, and the Department of Economic Development, Public Service Commission and the Office of Public Counsel assume this proposal would not fiscally impact their agencies.
The Missouri Association of Municipal Utilities, Springfield City Utilities, Columbia Water and Light, Independence Power and Light, and the cities of Columbia, Springfield, and Independence did not respond to our fiscal impact request. Oversight assumes that because this proposal prohibits cities from imposing additional license fees or taxes on electric companies doing work on equipment or facilities they own, it may result in a loss of revenues for some cities. The amount of this loss would be unknown.
| 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.) | |||
| LOCAL GOVERNMENT | |||
| Cities | |||
| Loss of possible license fees or | |||
| municipal or corporation taxes | (Unknown) | (Unknown) | (Unknown) |
|
ESTIMATED NET EFFECT | |||
| ON LOCAL GOVERNMENT | (Unknown) | (Unknown) | (Unknown) |
FISCAL IMPACT - Small Business
This proposal would have a positive fiscal impact on small electric companies as it prohibits cities from imposing additional license fees or taxes on electric companies working on their own equipment.
DESCRIPTION
This proposal would prohibit any city from placing any tax or license fee on electric companies for doing work on their own telecommunications equipment or facilities on its own property, in easements or in rights-of-way of the company.
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
Public Service Commission
Office of Public Counsel
Department of Revenue
Office of Administration
NOT RESPONDING: Missouri Association of Municipal Utilities, Springfield City Utilities, Columbia Water and Light, Independence Power and Light, Cities of Columbia, Springfield, and Independence
Jeanne Jarrett, CPA
Director
February 16, 1998