L.R. NO. 2758-01
BILL NO. SJR 37
SUBJECT: Constitutional Amendments: Transportation Department
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 |
| 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 Revenue and the Office of Administration - Division of Budget and Planning indicated that the proposal would not affect their agencies. Officials of the Department of Transportation stated that they would defer to the Office of Administration's estimate of the fiscal impact of the proposal.
Oversight notes that if current projections of state revenues are correct and if the federal agency which defines personal income does not make any changes in the definition of personal income, there will be no article X distributions for fiscal years subsequent to FY 1999.
Advertisement costs for the proposal would be $4,380 per newspaper column inch for three printings of the text of the proposal, the introduction, title, fiscal note summary, and affidavit. The proposal would be on the ballot for the November 2000 general election.
FISCAL IMPACT - State Government FY 2001 FY 2002 FY 2003
Cost to General Revenue Fund
Secretary of State
Newspaper Advertisements ($ 43,800) 0 0
FISCAL IMPACT - Local Government FY 2001 FY 2002 FY 2003
0 0 0
FISCAL IMPACT - Small Business
No direct fiscal effect on small businesses would be expected due to this proposal.
DESCRIPTION
This proposal would suspend Article X distributions of revenues in excess of the total state revenue ceiling for Fiscal Years 2002 to 2006. The revenues which would have been distributed would be transferred to the Department of Transportation to be used for either interstate highways or for projects in the 1992 15-Year Plan for Roads and Bridges.
DESCRIPTION (continued)
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This legislation would not affect Total State Revenue.
SOURCES OF INFORMATION
Department of Revenue
Department of Transportation
Office of Administration - Division of Budget and Planning
Secretary of State
Jeanne Jarrett, CPA
Director
January 13, 2000