COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1993-02

Bill No.: SJR 18

Subject: Revises Term Limits

Type: Original

Date: March 21, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
General Revenue $0 ($43,800) $0
Total Estimated

Net Effect on All

State Funds

$0 ($43,800) $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0

ESTIMATED NET EFFECT ON LOCAL FUNDS
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.

FISCAL ANALYSIS



ASSUMPTION



Officials of the Office of Administration stated there would be no fiscal impact to their office.



Officials of the Missouri House of Representatives assumes no fiscal impact.



Officials of the Office of the Secretary of State stated that statewide newspaper publication of Constitutional Amendments cost approximately $1,460 per column inch based on estimates provided by the Missouri Press Service x 3 for multiple printings as required by the Constitution and State Statute = $4,380 per column inch. Estimate total number of inches for this amendment to be 10 inches, which includes title header and certification paragraph. $4,380 x 10 inches = $43,800.



FISCAL IMPACT - State Government FY 2002

(10 Mo.)

FY 2003 FY 2004
GENERAL REVENUE FUND
Cost to Secretary of State
for newspaper advertisement $0 ($43,800) $0



FISCAL IMPACT - Local Government FY 2002

(10 Mo.)

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 resolution allows persons to serve for two consecutive terms in either house of the General Assembly. After serving two terms a person must wait a term before again seeking election to that same office.







DESCRIPTION (continued)



A person may serve two terms as Governor or State Treasurer but, after serving two consecutive terms, that person must wait a term before seeking re-election to the same office. People may succeed from one office to a different office without sitting out a term.



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



Secretary of State

Office of Administration

Missouri House of Representatives

























Jeanne Jarrett, CPA

Director

March 21, 2001