COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 3211-01

Bill No.: SB 776

Subject: Education, Higher; Treasurer, State; Public Records, Public Meetings

Type: Original

Date: December 17, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
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
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



In response to a similar proposal in the prior session, officials from the Office of the State Treasurer and the Department of Higher Education assume no fiscal impact to their organizations.



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 legislation would protect the privacy of participants in the Missouri higher education savings program by restricting personally identifiable information concerning participants and beneficiaries to internal administrative uses.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.



NOT RESPONDING

Coordinating Board for Higher Education

State Treasurer's Office

Secretary of State



Jeanne Jarrett, CPA

Director

December 17, 2001