COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. NO. 2391-02

BILL NO. Perfected SCS for SB 703

SUBJECT: Property; Real and Personal

TYPE: Original

DATE: March 16, 2000




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



Officials from the Office of Administration (COA) assume the proposed legislation would have no fiscal impact on its 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



No direct fiscal impact to small businesses would be expected as a result of this proposal.



DESCRIPTION



The proposed legislation would make certain organizations that provide campground facilities and related services for the disabled and disadvantaged and are recognized by the IRS under 26 U.S.C. 501 (c)3 eligible to acquire state surplus property. Any person providing such services seeking to obtain surplus property would register with the Commissioner.



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

March 16, 2000