COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1384-01
Bill No.: Truly Agreed to and Finally Passed SB 442
Subject: Licenses - Motor Vehicle; Revenue Dept.
Type: Original
Date: May 1, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| 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 Department of Revenue assume:
The Safari Club International has approximately 800 members in Missouri. If it is assumed that 5% of those are members will apply for this speciality plate it would only be 40 applications. This would have a minimal impact on the Department of Revenue and could be implemented with existing resources.
The revenue generated from the additional $15 fee would also have minimal impact based on the number of applications anticipated. If the number of applications increased, revenue would be affected accordingly.
Officials from the Department of Transportation concur with the Department of Revenue response.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $2,002 | $2,003 | $2,004 |
| FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $2,002 | $2,003 | $2,004 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal would authorize a Safari Club special license plate.
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
Department of Transportation
Jeanne Jarrett, CPA
Director
May 1, 2001