COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2581-01
Bill No.: SB 1080
Subject: Cosmetology; Economic Development Dept; Licenses - Professional
Type: Original
Date: March 8, 2002
FISCAL SUMMARY
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Cosmetology Board Fund | $0 | $25,000 | $375 |
Total Estimated
Net Effect on All State Funds |
$0 | $25,000 | $375 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials with the Department of Economic Development - Division of Professional Registration stated that the Cosmetology Board estimates that there will be approximately 500 applicants for licensure with a 3% growth rate. They further estimate that a $50 biennial fee will be charged. It is assumed that all costs can be covered by the board's current appropriation.
FISCAL IMPACT - State Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
COSMETOLOGY BOARD FUND | |||
Income - Registration fees | $0 | $25,000 | $375 |
FISCAL IMPACT - Local Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
$0 | $0 | $0 |
FISCAL IMPACT - Small Business
Small businesses could be fiscally impacted by this proposed legislation due to increased educational requirements.
DESCRIPTION
This proposed legislation creates a new license classification for cosmetologists to be known as Class CB - braider. Braiders are required to take a course of study of at least 600 hours, with a minimum of 100 hours of classroom training before performing any acts of hair braiding on a patron or customer of a cosmetology school or the credit hours determined by the formula in Subpart A of Part 668 of Section 668.8 of Title 34 of the Code of Federal Regulations, as amended.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This proposal will increase state revenue.
SOURCES OF INFORMATION
Department of Economic Development
Division of Professional Registration
Mickey Wilson, CPA
Acting Director
March 8, 2002