COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2966-04
Bill No.: Perfected SCS for SB 821
Subject: Energy; Public Buildings; Construction and Building Codes
Type: Original
Date: March 14, 2002
FISCAL SUMMARY
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| None | |||
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| None | |||
| 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 from Lincoln University, Harris-Stowe State College, St. Louis Public School District, and Springfield Public School District did not respond to our fiscal impact request.
Officials from the Blue Springs R-IV School District (BSSD) did not respond to our fiscal impact request. However, in response to a previous version of this proposal, BSSD assumed: 1) the proposal would produce revenue if a project was approved; 2) savings would be derived from successful award of grant funds to complete energy saving projects; 3) costs would not increase because participation if voluntary; and 4) costs could increase because of capability to accept best bid rather than lowest bid.
Officials from the Office of Administration - Division of Design and Construction, Department of Higher Education, Department of Elementary and Secondary Education, Department of Health and Senior Services, University of Missouri, Truman State University, Central Missouri State University, Southwest Missouri State University, and the School District of Kansas City, Missouri assume the proposed legislation would have no fiscal impact on their agencies.
Officials from the Department of Natural Resources assume the proposed legislation would have no direct fiscal impact on their agency.
Oversight notes the potential for long-term savings provided the contractor delivers a finished product that results in an energy cost savings.
| 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
Small businesses that specialize in the area of energy cost savings could be positively impacted.
DESCRIPTION
This proposal would allow the Division of Design and Construction to contract for guaranteed energy cost savings. Contractors must be selected based on experience, capability, past performance and proximity of the firm. This proposal expands the definition of schools to include state colleges and universities which makes them eligible to borrow money for energy conservation projects. This proposal also expands the length of loans made by the Department of Natural Resources for energy conservation projects to ten years if the useful life of the life of the conservation measure exceeds ten years. Currently, loans may be made for a maximum of eight years.
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 - Division of Design and Construction
Department of Natural Resources
Department of Higher Education
Department of Elementary and Secondary Education
Department of Health and Senior Services
University of Missouri
Central Missouri State University
Southwest Missouri State University
School District of Kansas City
Truman State University
NOT RESPONDING
Lincoln University
Harris-Stowe State College
St. Louis Public School District
Springfield Public School District
Blue Springs R-IV School District
Mickey Wilson, CPA
Acting Director
March 15, 2002