COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2091-01
Bill No.: SB 555
Subject: Employees - Employers; Contracts and Contractors; Television
Type: Original
Date: March 20, 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 | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Department of Elementary and Secondary Education and the Department of Labor and Industrial Relations assume the proposed legislation would have no fiscal impact on their agencies.
Officials from the Department of Economic Development noted that having reviewed the proposed legislation and having sought the conclusion of the appropriate board(s), they assume that this proposal, in its present form, has no fiscal impact on their agency.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $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 bill prohibits television and radio stations or networks from including post-termination non-compete clauses in employment contracts. The bill does not affect provisions requiring an employee to work exclusively for a particular employer during the term of the contract. The bill does not apply to sales and management employee contracts. Employers who violate this bill are liable for damages, attorney's fees and costs.
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 Economic Development
Department of Elementary and Secondary Education
Department of Labor and Industrial Relations
Jeanne Jarrett, CPA
Director
March 20, 2001