COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. NO. 2391-01

BILL NO. SB 703

SUBJECT: Surplus property.

TYPE: Original

DATE: December 22, 1999




FISCAL SUMMARY


ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
None
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
None
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses

This fiscal note contains 2 pages.



FISCAL ANALYSIS



ASSUMPTION



The Office of Administration assumes the proposed legislation would have no fiscal impact on their agency.



FISCAL IMPACT - State Government FY 2001 FY 2002 FY 2003



0 0 0



FISCAL IMPACT - Local Government FY 2001 FY 2002 FY 2003



0 0 0



FISCAL IMPACT - Small Business



The proposed legislation would have no impact on small businesses.



DESCRIPTION



The proposed legislation would make certain organizations that provide campgrounds and services to other organizations registered with the IRS as a 501 (c)3 for disabled, disadvantaged, or other youth group activities eligible to acquire state surplus property.



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 Administration







Jeanne Jarrett, CPA

Director

December 22, 1999