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 034 - Modifies the number of years for term limits and allows petition to serve beyond designated years
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3818-01
BILL NO. SJR 34
SUBJECT: Constitutional Amendments: General Assembly
TYPE: Original
DATE: March 13, 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
($52,200)
$0
$0
Total Estimated
($52,200)
$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
Advertisement costs for the proposal would be $3,990 per newspaper column inch for three printings of the text of the proposal, the introduction, title, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 1998 general election.
| FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
| Cost to General Revenue Fund | |||
| Secretary of State | |||
| Newspaper Advertisements | ($ 52,200) | 0 | 0 |
| FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
| 0 | 0 | 0 | |
FISCAL IMPACT - Small Business
No direct fiscal effect on small businesses would be expected due to this proposal.
DESCRIPTION
This proposal would change term limits for state legislators. With a possible exception, Representatives would be limited to no more than six two-year terms and Senators to no more than three four-year terms. The exception would be if a candidate for the General Assembly who would otherwise not be eligible for election would present petitions signed by at least two percent of voters in the appropriate district or 10,000 voters, whichever would be less, to the Secretary of State at least six months before the general election or earlier, if provided by law.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This legislation would not affect Total State Revenue.
SOURCES OF INFORMATION
Secretary of State
Jeanne Jarrett, CPA
Director
March 13, 1998