COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1373-01

Bill No.: SB 438

Subject: Roads and Highways, Transportation

Type: Original

Date: February 10, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Highway $833 $0 $0
Total Estimated

Net Effect on Other

State Funds

$833 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 4 pages.



















ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials with Department of Public Safety-Missouri Veterans Commission assume this proposal would have no fiscal impact on their agency.



Officials with Department of Transportation could incur cost for purchasing and installing the signs associated with this proposal.



FY -Cost

Sign and Installation $833























FISCAL IMPACT - State Government FY 2004

(10 Mo.)

FY 2005 FY 2006
HIGHWAY FUND
Cost-Department of Transportation
Sign and Installation ($833) $0 $0
ESTIMATED EFFECT ON HIGHWAY FUND



($833)


$0


$0




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



This proposal would designate a portion of US Highway 60 as the "Korea War Veteran's Memorial Highway".



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 Transportation











Mickey Wilson, CPA

Director

February 10, 2003