COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2794-02
Bill No.: SB 843
Subject: Counties; Employees-Employers
Type: Original
Date: January 20, 2004
FISCAL SUMMARY
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Office of the Secretary of State, the Office of the Attorney General, the Office of Administration, Division of Design and Construction, and the Department of Transportation assume this proposal would have no impact on their organizations.
Oversight assumes some political subdivisions could realize savings on contracts with businesses which would no longer be required to pay the state prevailing wage. Oversight assumes that such savings would be insignificant since the federal prevailing wage law would govern most contracts with government organizations.
| FISCAL IMPACT - State Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
This proposal could affect small businesses which contract with local governments.
DESCRIPTION
This proposal would allow some political subdivisions to exempt themselves from the state prevailing wage law upon voter approval.
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
Office of the Attorney General
Office of the Secretary of State
Office of Administration
Department of Transportation
Mickey Wilson, CPA
Director
January 20, 2004