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 0353 - Extends sunset on hazardous waste disposal and generator fees
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 1608-01
BILL NO.: Truly Agreed To and Finally Passed SB 353
SUBJECT: Extends Hazardous Waste Fees
TYPE: Original
DATE: April 21, 1999
FISCAL SUMMARY
|
ESTIMATED NET EFFECT ON STATE FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Hazardous Waste Remedial Fund | $0 | $1,600,000 | $1,600,000 |
| Total Estimated
Net Effect on All State Funds |
$0 | $1,600,000 | $1,600,000 |
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
The Department of Health and the Department of Revenue assume they would not be fiscally impacted by this proposal.
The Department of Natural Resources (DNR) assumes in FY 1998 the land disposal tax generated approximately $97,000. These revenue vary from year to year depending on the disposal method chosen by the generator. The DNR anticipates the annual revenues to be approximately $100,000 per year.
The DNR also assumes this proposal will extend the Hazardous Waste Generator tax. This tax generates $1,500,000.
| FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| HAZARDOUS WASTE REMEDIAL FUND | |||
| Income - DNR | |||
| Hazardous waste generator fees - land disposal | $0 | $100,000 | $100,000 |
| Hazardous waste generator category tax | $0 | $1,500,000 | $1,500,000 |
| Estimated Net Effect on | |||
| HAZARDOUS WASTE REMEDIAL FUND | $0 | $1,600,000 | $1,600,000 |
| FISCAL IMPACT - Local Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| 0 | 0 | 0 | |
| FISCAL IMPACT - Small Business | |||
| Any small business that has a reportable quantity of hazardous waste would be required to continue paying the land disposal tax. Any small business registered as a hazardous waste generator with the Department of Natural Resources will continue to pay the category tax based on the volume of waste produced. | |||
DESCRIPTION
Land disposal and category fees for hazardous waste generators will expire on January 1, 2000. This substitute extends the fees to January 1, 2004.
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 Natural Resources
Department of Health
Department of Revenue
Jeanne Jarrett, CPA
Director
April 21, 1999