COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4508-01
Bill No.: SB 1186
Subject: Political Subdivisions: Land Purchases, Public Works
Type: Original
Date: March 1, 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
Oversight assumes that this is a procedural change for political subdivisions that would set-aside private property for future public works projects, and political subdivisions would have to consider this requirement when planning projects. Any fiscal impact would be discretionary. Oversight assumes no state or local fiscal impact. Oversight assumes the requirement of purchasing the property within ten years of the date of plan approval would be beyond the scope of this fiscal note, therefore, fiscal impact in FY 03, 04, and 05 to local governments is $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
Small business that would own property that is designated as set-aside property for future public works projects could expect to have their property purchased within ten years of the plans approval.
DESCRIPTION
This act requires any political subdivision to purchase any land that it required a private property owner to set-aside for future public works development as a condition of the subdivision's approval of the owner's development plan for the land. The political subdivision must purchase the land within ten years of approval of the plan.
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
NONE
NOT RESPONDING
The Cities of: St. Louis, Kansas City, St. Joseph, Maryville, Kirksville, Hannibal, Branson, Springfield, Joplin, Cape Girardeau, and Fulton.
The Counties of : St. Louis, and Jackson, and the Little Blue Valley Sewer District, and the St. Louis Metropolitan Sewer District.
Mickey Wilson, CPA
Acting Director
March 1, 2002