COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2788-01
Bill No.: SB 749
Subject: General Assembly; Governor; Secretary of State; Elections
Type: Original
Date: December 27, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| 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 of the Senate (in responses to similar proposals), the House of Representatives, the Secretary of State and the Office of the Governor indicated that the proposal would not have any direct effect on their agencies.
| 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:
1) establish an effective date for laws enacted despite a gubernatorial veto. The effective date would be thirty (30) days after a successful override vote, unless the bill provided otherwise;
2) require the General Assembly to put an effective date on any act submitted to the voters;
3) require that the effective date of proposals submitted for initiative and referendum be noted on the initiative petition.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. The proposal would not affect Total State Revenue.
SOURCES OF INFORMATION
Governor
House of Representatives
Senate
Secretary of State
Jeanne Jarrett, CPA
Director
December 27, 2001