COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 2742-03

Bill No.: Truly Agreed to and Finally Passed HCS for SB 695

Subject: Boards, Commissions, Committees, Councils; Children and Minors

Type: Original

Date: May 6, 2002




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
None
Total Estimated

Net Effect on All

State Funds

$0 $0 $0





ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
None
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0





ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Local Government $0 $0 $0


Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 2 pages.





FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of Administration - Children's Trust Fund (CTF) state there would be no fiscal impact. CTF states that any expense incurred by being appointed to the board and attending scheduled meetings will be paid through existing CTF funds.



Officials from the Office of the Governor assume the proposed legislation would have no fiscal impact on their office.



FISCAL IMPACT - State Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$0 $0 $0



FISCAL IMPACT - Local Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$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 proposal would expand the Children's Trust Fund Board from seventeen to twenty-one members. The four additional members will be chosen and appointed by the Governor.



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



Office of Administration - Children's Trust Fund

Office of the Governor





Mickey Wilson, CPA

Acting Director



May 6, 2002