COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4358-01
Bill No.: SB 1207
Subject: Licenses - Professional; Business and Commerce; Boards, Commissions, Committees, Councils
Type: Original
Date: February 13, 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 |
| Interior Design Fund | $100,000 | $1,500 | $106,000 |
| Total Estimated
Net Effect on Other State Funds |
$100,000 | $1,500 | $106,000 |
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 Department of Economic Development - Division of Professional Registration (DED-PR) state this proposal creates a registration for interior designers. Current statute has a registration for commercial interior designers. This proposal prohibits the use of the term "Registered Interior Designer" unless the individual is certified by the Interior Design Council. It is estimated that there will be approximately 400 applicants for registration upon passage of this proposal. The current fee for registration is $250 and the registration is renewed biennally. A 3% growth rate has also been calculated. DED-PR assumes all costs can be covered by the council's current allotment.
This proposal will increase Total State Revenue.
| FISCAL IMPACT - State Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| INTERIOR DESIGNER FUND | |||
| Income - Registration fees | $100,000 | $1,500 | $106,000 |
| ESTIMATED NET EFFECT ON INTERIOR DESIGNER FUND |
$100,000 |
$1,500 |
$106,000 |
| FISCAL IMPACT - Local Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
Small businesses could expect a negative fiscal impact result of this proposal due to the payment of licensing fees.
DESCRIPTION
This proposal changes the term "registered commercial interior designer" to "registered interior designer" in the statutes dealing with their licensing.
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
Division of Professional Development
Mickey Wilson, CPA
Director
February 13, 2004