COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0401-04
Bill No.: Perfected SCS for SB 41
Subject: Education, Higher; Higher Education Dept.; Physicians
Type: Original
Date: February 13, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| General Revenue | (Unknown) | (Unknown) | (Unknown) |
| Total Estimated
Net Effect on All State Funds |
(Unknown) | (Unknown) | (Unknown) |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the University of Missouri assume the proposal would result in no additional costs to the University.
Officials from the Coordinating Board For Higher Education (CBHE), in a response to a similar proposal (HB 77, 2001), assumed this program would not have a fiscal impact on the CBHE since the program is funded and administered through the university Board of Curators. CBHE officials assume there could be a fiscal impact on the University of Missouri.
The proposal states that the Board of Curators of the University of Missouri may request annually an appropriation for research funds. The proposal also states the Board of Curators may request additional funds for administrative overhead, not to exceed 10% of the annual appropriation of research funds. Therefore, the Oversight Division assumes the fiscal impact to the University of Missouri would be unknown.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| GENERAL REVENUE FUND | |||
| Cost-University of Missouri | |||
| Research Grants | (Unknown) | (Unknown) | (Unknown) |
| Administrative Overhead | (Unknown) | (Unknown) | (Unknown) |
| Total Cost-University of Missouri* | (Unknown) | (Unknown) | (Unknown) |
| ESTIMATED NET EFFECT ON | |||
| GENERAL REVENUE FUND | (Unknown) | (Unknown) | (Unknown) |
*SUBJECT TO APPROPRIATIONS
| FISCAL IMPACT - Local Government | FY 2001
(10 Mo.) |
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 Board of Curators of the University of Missouri would award funds to investigators for research projects that promote an advancement of knowledge in the area of specified disease processes or injuries. The Board may request annually an appropriation for research. The Board may also request additional funds for administrative overhead, not to exceed 10% of the annual appropriation for research funds.
The Advisory Board, as appointed by the Board of Curators, would solicit and select proposals for research projects according to procedures approved by the Board of Curators. The selection procedures would provide for peer review of the background and ability of each investigator, the merits of the work proposed and an evaluation of the potential for each research project to achieve productive results.
The Board of Curators, with the recommendations of the advisory board, would award funds to selected investigators. Individual awards would not exceed $50,000 per year and would expire at the end of one or two years. Investigators would be any person with medical, biological, or allied health or life science research credentials who seeks state funding for a research project, and shall be affiliated with a public or private educational, health care, voluntary health association or research institutions which would specify the institutional official responsible for administration of the award.
Members of the advisory board and its peer review committee would be reimbursed by the Board of Curators for their actual expenses in providing services.
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
University of Missouri
Jeanne Jarrett, CPA
Director
February 13, 2001