COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1240-02
Bill No.: SB 384
Subject: Motor Vehicles; Roads and Highways; Motor-Carriers
Type: Original
Date: February 10, 2003
FISCAL SUMMARY
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
Minimal | Minimal | Minimal | |
Total Estimated
Net Effect on General Revenue Fund |
Minimal | Minimal | Minimal |
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
State School Money | $0 | $0 | $0 |
Road Fund | ($430,350) | $0 | $0 |
Total Estimated
Net Effect on Other State Funds |
($430,350) | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 5 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, Department of Public Safety and Department of Revenue assume this proposal would have no fiscal impact on their agencies.
Officials with the Office of State Courts Administrator assume there could be a minimal number of increase in fines collected.
Officials with Department of Transportation assume they could be required to install 950 new signs.
FY 04-Cost
950 new signs at $453 each $430,350
FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
GENERAL REVENUE | |||
Cost Avoidance | |||
Decrease distribution to State School Money Fund |
Minimal |
Minimal |
Minimal |
ESTIMATED EFFECT ON GENERAL REVENUE |
Minimal |
Minimal |
Minimal |
STATE SCHOOL MONEY FUND | |||
Cost Avoidance | |||
Decrease distribution to School Districts |
Minimal |
Minimal |
Minimal |
Income-(Loss) | |||
Decrease distributions from General Revenue |
(Minimal) |
(Minimal) |
(Minimal) |
NET ESTIMATED EFFECT ON STATE SCHOOL MONEY FUND |
$0 |
$0 |
$0 |
ROAD FUND | |||
Cost-Department of Transportation | |||
New Signs | ($430,350) | $0 | $0 |
ESTIMATED EFFECT ON ROAD FUND |
($430,350) |
$0 |
$0 |
FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
SCHOOL DISTRICTS | |||
Income | |||
Increase in fines collected | Minimal | Minimal | Minimal |
Income (Loss) | |||
Decrease in distribution from State School Money Fund |
(Minimal) |
(Minimal) |
(Minimal) |
NET ESTIMATED EFFECT ON SCHOOL DISTRICTS |
$0 |
$0 |
$0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal would prohibit trucks from being driven in far left hand lanes on certain highways of this state.
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 Transportation
Department of Public Safety
Department of Economic Development
Office of State Courts Administrator
Mickey Wilson, CPA
Director
February 10, 2003