COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 3752-01

Bill No.: SB 1089

Subject: Business and Commerce; Public Service Commission; Telecommunications

Type: Original

Date: February 2, 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 STATE FUNDS
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.













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 of the Department of Economic Development - Public Service Commission (PSC) state this proposal allows companies to offer special promotions or discounted rates, not only to new and/or former customers, but also existing customers. Companies may need to submit tariff filings to allow the promotions and discounted rates. PSC will review the tariffs outlining these provisions. PSC is not requesting additional resources due to this proposal.



Officials of the Department of Economic Development - Office of the Public Counsel (OPC) state although this bill has some impact on OPC, OPC should be able to absorb the changes; however, if the requirements of this bill are combined with additional requirements or changes OPC may incur a fiscal impact.





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 potentially have an economic impact on small businesses. Depending on the competition available to the business customer, the fiscal impact could be positive in the areas with competitors or negative in the areas of few or no competitors. This legislation could also impact information service providers (ISPs) since their services are largely provided over the types of facilities referenced in the legislation.





DESCRIPTION



This proposal modifies Section 392.200, RSMo by authorizing every telecommunication company to offer discounted rates or other special promotions on any of its services to any existing, new and/or former customers.



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 Economic Development

Public Service Commission

Office of the Public Counsel



Mickey Wilson, CPA

Director

February 2, 2004