COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 4839-02

Bill No.: SJR 48

Subject: Constitutional Amendments: General Assembly

Type: Original

Date: March 4, 2004




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2005 FY 2006 FY 2007
General Revenue ($36,840) $0 $0
Total Estimated

Net Effect on

General Revenue

Fund

($36,840) $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 from the Office of the Secretary of State assume that statewide newspaper publication of state statutes cost approximately $1,228 per column inch based on an estimate provided by the Missouri Press Service. Since three printings are required, the cost is $1,228 x 3 = $3,684 per column inch. The estimated total number of inches for this amendment is 10 inches including title header and certification paragraph, therefore the total estimated publication cost is $3,684 x 10 inches = $36,840. The proposal would be on the November, 2004, general election ballot.



Officials from the House of Representatives and the Senate stated that this proposal would have no direct fiscal impact on their organizations.



FISCAL IMPACT - State Government FY 2005

(10 Mo.)

FY 2006 FY 2007
GENERAL REVENUE FUND
Cost to Secretary of State

Newspaper Advertisements



($34,850)


$0


$0
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND

($34,850)


$0


$0
FISCAL IMPACT - Local Government FY 2005

(10 Mo.)

FY 2006 FY 2007
$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 would forbid the legislature from passing a law which is identical or substantially similar in effect to any law or constitutional amendment that the voters of the state had defeated. If the voters later passed an identical or substantially similar proposal then the General Assembly would be authorized to pass an identical or substantially similar law.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. The proposal would not affect Total State Revenues.



SOURCES OF INFORMATION



Office of the Secretary of State

Missouri House of Representatives

Missouri Senate











Mickey Wilson, CPA

Director

March 4, 2004