COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4385-03
Bill No.: SB 1128
Subject: Counties: Transient Guest Tax
Type: Original
Date: February 22, 2002
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 Department of Revenue assume no fiscal impact to their department.
Officials of the Department of Economic Development- Division of Tourism assume no fiscal impact to their department.
The County Commissions of Clay and Platte Counties did not respond to this proposal.
Oversight assumes this proposal is enabling legislation. Certain counties would have no fiscal impact unless the voters would approve a one half of one percent transient guest tax. Oversight assumes no fiscal impact to state or local government. Counties that would impose the tax would realize income for the purpose of promoting economic development. County Collectors would have additional duties related with the administration and collection of the tax. Because this proposal does not mandate the imposition of the tax, fiscal impact will be shown as $0.
| 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
If this proposal were adopted by the voters of certain counties, small businesses of the hotel/motel industry could be expected to be fiscally impacted to the extent that they may incur additional administrative duties and costs related to collection of the tax.
DESCRIPTION
This act permits Clay County to submit to the voters of the county a tax of up to one-half of one percent per room per night. The act increases the maximum potential tax in Platte County to one-half of one percent per room per night.
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
Department of Revenue
Department of Economic Development- Division of Tourism
NOT RESPONDING
Clay County Commission
Platte County Commission
Mickey Wilson, CPA
Acting Director
February 22, 2002