COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1526-02

Bill No.: SB 576

Subject: Property - Real and Personal; Easements and Conveyances; Administration, Office of

Type: Original

Date: March 12, 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
Total Estimated

Net Effect on Other

State Funds

$0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 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 from the Office of the Attorney General (AGO) did not respond to our fiscal impact request. However, in response to similar proposals, AGO assumed any potential costs arising from this proposal can be absorbed with existing resources.



Officials from the Office of the Governor, Office of Administration - Division of Design and Construction, Department of Corrections and the County of Cole assume the proposal would have no fiscal impact on their agencies.



Oversight assumes this conveyance will carry out the provisions of section 217.905, RSMo, which was enacted into law in 2001.





FISCAL IMPACT - State Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $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 authorizes the Governor to convey to the Missouri State Penitentiary Redevelopment Commission certain state property located in Cole County known as the Missouri State Penitentiary. The proposal allows for the property to be parceled out and conveyed at different times. Consideration for the conveyance shall be the redevelopment of the property in accordance with section 217.905, RSMo. The Commissioner of Administration shall set the terms and conditions for the sale. The attorney general shall approve the form of the instrument of conveyance.



This proposal is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.





SOURCES OF INFORMATION



Office of the Governor

Office of Administration - Division of Design and Construction

Department of Corrections

Cole County



NOT RESPONDING

Office of the Attorney General



Mickey Wilson, CPA

Director

March 12, 2003