COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0710-01
Bill No.: SB 208
Subject: Motor Vehicles; Business and Commerce; Fairs
Type: Original
Date: February 4, 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 |
| State Fair Fee | $0 to $60,000 | $0 to $60,000 | $0 to $60,000 |
| Total Estimated
Net Effect on Other State Funds |
$0 to $60,000 | $0 to $60,000 | $0 to $60,000 |
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 with Department of Economic Development assume this proposal would have no fiscal impact on their agency.
Officials with Department of Revenue (DOR) assume they could have to contact recreational vehicle dealers and inform them of the changes. DOR states that this could have minimal fiscal impact on their agency. Oversight assumes they could absorb any cost associated with this proposal.
Officials with Department of Agriculture-Missouri State Fair Division (MSF) assume this proposal could have a positive fiscal impact on their agency. This proposal could allow the recreational vehicle dealers to use the Missouri state fair grounds for events. The MSF note that similar events in the past have generated an estimated $60,000. They further assume that local and state tax revenues could be positively affected by the increase in traffic to the area.
Oversight assumes that a potential increase in local sales and the subsequent taxes collected are a matter of speculation and are not included for fiscal note purposes.
ASSUMPTION (continued)
FY 04-Income
Potential increase in total event fees $0 to $60,000
FY 05- Income
Potential increase in total event fees $0 to $60,000
FY 06- Income
Potential increase in total event fees $0 to $60,000
This proposal could increase state revenue through fees collected from recreational vehicle dealers for use of state property.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| STATE FAIR FEE FUND | |||
| Income-Department of Agriculture | |||
| Increase in total fees | $0 to $60,000 | $0 to $60,000 | $0 to $60,000 |
| ESTIMATED EFFECT ON STATE FAIR FEE FUND |
$0 to $60,000 |
$0 to $60,000 |
$0 to $60,000 |
| 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 business is expected as a result of this position.
DESCRIPTION
This proposal would allow Recreational Vehicle dealers to use the State Fairgrounds for shows.
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 Revenue
Department of Economic Development
Department of Agriculture
State Fair Division
Mickey Wilson, CPA
Director
February 4, 2003