COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0229-01
Bill No.: SB 156
Subject: Waste - Solid; Natural Resources Dept.; Business and Commerce
Type: Original
Date: January 17, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Solid Waste Management Fund | $1,038,052 | $2,076,104 | $2,076,104 |
| Total Estimated
Net Effect on Other State Funds |
$1,038,052 | $2,076,104 | $2,076,104 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials of the Department of Revenue assume no additional administrative impact. The Department of Revenue currently collects the tax and this proposal extends the end date from January 1, 2004 to January 1, 2011.
Officials from the Department of Transportation, Department of Economic Development and Attorney General's Office assume no fiscal impact.
Officials from the Department of Natural Resources (DNR) assume the proposed legislation would extend the sunset date on the waste tire fee. The waste tire fee generates about $2.1 million dollars annually. The DNR assumes the revenue will be used to fund continued removal of illegally dumped tiers, educational programs, and grants to end users.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| SOLID WASTE MANAGEMENT FUND | |||
| Income - DNR | |||
| Solid Waste Management Fund - Tire Fees |
$1,038,052 |
$2,076,104 |
$2,076,104 |
| $1,038,052 | $2,076,104 | $2,076,104 | |
| FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
The waste tire fee will expire on January 1, 2004. This proposal extends the fee to January 1, 2011.
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 Revenue
Department of Transportation
Department of Economic Development
Attorney General's Office
Mickey Wilson, CPA
Director
January 17, 2003