COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1413-01
Bill No.: SB 326
Subject: Dedicates additional revenue to the energy assistance program.
Type: Original
Date: February 28, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| General Revenue | (Unknown) | (Unknown) | (Unknown) |
| Utilicare Stabilization Fund * | $0 | $0 | $0 |
| Total Estimated
Net Effect on All State Funds* |
(Unknown) | (Unknown) | (Unknown) |
* Subject to appropriations. Revenues and expenditures to Utilicare Stabilization Fund net to $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 4 pages.
ASSUMPTION
Officials from the Department of Natural Resources (DNR) stated for the proposed legislation that the amount of potential increase in funding is subject to appropriation and is not specified in this proposal. The DNR assumes distribution of any additional funds would be handled within existing resources.
Officials from the Department of Social Services stated no fiscal impact is anticipated as a result of the proposed legislation.
Officials from the Department of Revenue (DOR) stated that in the proposed legislation Section 144.029 indicates that the DOR is to annually determine the increase in state sales tax revenues received from sales of natural gas in comparison to total state sales tax revenues received from sales of natural gas in fiscal year 2001 and report this amount to the commissioner of administration. The DOR officials stated the DOR does not have this specific information and the current sales tax return used by the taxpayers to report does not support the detail necessary to determine the sales tax revenue generated in Fiscal Year 2001 for natural gas sales (these sales are presently not separated by the taxpayer on the returns). Therefore, the DOR would not have comparison data to be able to determine the growth factor between Fiscal Year 2001 and Fiscal Year 2002. Since FY 2001 is nearly completed, this data will not be available and the DOR will not be able to comply with the requirements.
Officials from the Office of Administration (COA) stated the proposed legislation should not result in additional costs or savings to the COA.
| FISCAL IMPACT - State Government | FY 2002 | FY 2003 | FY 2004 |
| GENERAL REVENUE FUND | |||
| Cost - Transfer from General Revenue to | |||
| the Utilicare Stabilization Fund | (Unknown) | (Unknown) | (Unknown) |
- SUBJECT TO APPROPRIATION -
| UTILICARE STABILIZATION | |||
| FUND | |||
| Income - Transfer from General Revenue | |||
| to Utilicare Stabilization Fund | Unknown | Unknown | Unknown |
| Cost - Heating Assistance Program | (Unknown) | (Unknown) | (Unknown) |
| ESTIMATED NET EFFECT ON | |||
| UTILICARE STABILIZATION | |||
| FUND | $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2002 | FY 2003 | FY 2004 |
| $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 act allocates the increase in State sales tax revenues resulting from increases in the cost of natural gas in the 2000-2001 heating season to the Utilicare Stabilization Fund. This fund is used to provide heating assistance to those persons unable to pay utility costs.
This proposal has an emergency clause.
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 Social Services
Office of Administration
Department of Natural Resources
Jeanne Jarrett, CPA
Director
February 28, 2001