COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0854-01
Bill No.: Truly Agreed To And Finally Passed SB 203
Subject: Parks and Recreation; Taxation and Revenue - Sales and Use
Type: Original
Date: May 1, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Local Government | (UNKNOWN) | (UNKNOWN) | (UNKNOWN) |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the Department of Revenue (DOR) state this legislation would have no administrative impact on their agency.
Officials of the Missouri Department of Conservation (MDC) and the City of St. Louis (STL) assume this legislation would have no fiscal impact on their agencies.
Officials from the Department of Natural Resources (DNR) assume this bill would not impact the department's Parks and Soils Sales Tax because it is a local, rather than a state, tax exemption. This proposal would have no fiscal impact on DNR.
The County of St. Louis did not respond to our fiscal note request.
| FISCAL IMPACT - State Government | FY 2002
(6 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2002
(6 Mo.) |
FY 2003 | FY 2004 |
| Loss - Cities and Counties
Reduction in sales tax revenue from food |
(Unknown) |
(Unknown) |
(Unknown) |
| Loss - Metropolitan Park & Recreation
Reduction in sales tax revenue from food |
(Unknown) |
(Unknown) |
(Unknown) |
| Loss - Regional Recreational District
Reduction in sales tax revenue from food |
(Unknown) |
(Unknown) |
(Unknown) |
|
ESTIMATED NET EFFECT ON LOCAL GOVERNMENT |
(UNKNOWN) |
(UNKNOWN) |
(UNKNOWN) |
FISCAL IMPACT - Small Business
This proposal would reduce sales tax collected on food by exempting it from metropolitan park and recreation sales tax. This would not appear to have a substantial impact on small businesses.
DESCRIPTION
This act will exempt food from the sales tax imposed by Section 67.1712, RSMo. The
exemption uses the same definition for food as does the section which reduces the state sales tax on food (Section 144.014, RSMo).
The exemption will go into effect on January 1, 2002, and will make the parks and trails tax different from all other local taxes.
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
Department of Revenue
Missouri Department of Conservation
Department of Natural Resources
City of St. Louis
NOT RESPONDING: St. Louis County
Jeanne Jarrett, CPA
Director
May 1, 2001