COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 3155-01

Bill No.: SB 967

Subject: Education, Higher; Nurses; Hospitals

Type: Original

Date: January 29, 2004




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on Otherl

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 2005 FY 2006 FY 2007
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials from the Department of Health and Senior Services, the University of Missouri, and the Department of Economic Development, Division of Professional Registration, assume this proposal would have no fiscal impact on their organization.



Officials from the Department of Higher Education assumed the proposal would have an unknown impact on the state General Revenue Fund and on scholarship funds due to the expansion of eligible educational institutions.



Officials from Lincoln University did not respond to our request for information.



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 have an impact on small businesses involved in educational services.



DESCRIPTION



This proposal would alter definitions concerning Charles Gallagher Financial Awards and the Nursing Student Loan Program. The proposal would include institutions offering associate degrees, and hospitals as statutorily defined.



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 Higher Education

Department of Economic Development

Department of Professional Registration

Department of Health and Senior Services

University of Missouri



NOT RESPONDING



Lincoln University





Mickey Wilson, CPA

Director

January 29, 2004