L.R. NO. 2434-02
BILL NO. SJR 36
SUBJECT: Constitutional Amendments: Health Care; Tobacco Products
TYPE: Original
DATE: January 13, 2000
Net Effect on All
State Funds
FUND AFFECTED
FY 2001
FY 2002
FY 2003 General Revenue
($43,800)
$0
$0
Total Estimated
($43,800)
$0
$0
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| None | |||
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the Department of Social Services, Department of Health, Department of Mental Health, Department of Revenue (DOR), Office of Administration, and Office of the Treasurer assume the proposed legislation would have no fiscal impact on their agencies or that they could accomplish duties under this proposal with existing resources.
DOR officials point out that if, as a result of the election, there is an article X distribution or distributions there would be mailing costs of $951,142 for each year there is a distribution.
Advertisement costs for the proposal would be $4,380 per newspaper column inch for three publications of the text of the proposal, the introduction, title, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 2000 general election.
FISCAL IMPACT - State Government FY 2001 FY 2002 FY 2003
GENERAL REVENUE FUND
Cost-Secretary of State
Newspaper Advertisements ($43,800) $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
This proposal would present two propositions to Missouri voters.
One would establish the "Tobacco Settlement Trust Fund." Any funds received by the state of Missouri as a result of any tobacco-related legal settlement or award would be deposited in the Fund and held there forever. Interest earned by the Fund could be appropriated for children's DESCRIPTION (continued)
health programs. Fund principal could be used if the emergency conditions specified in Article X, Section 19, of the Missouri Constitution were met.
Monies deposited in the Fund and interest earned would not be considered part of "total state revenues" as defined in section 17 of article X of the state constitution.
One would specify that any funds received by the state of Missouri as a result of a tobacco-related legal settlement would be considered "total state revenues" as defined in section 17 of article X of the state constitution.
This legislation is not federally mandated, would not duplicate any other program, would not require additional capital improvements or rental space. The proposal might affect Total State Revenues.
SOURCES OF INFORMATION
Department of Health
Department of Mental Health
Department of Revenue
Department of Social Services
Office of Administration - Division of Accounting
Secretary of State
State Treasurer
Jeanne Jarrett, CPA
Director
January 13, 2000