COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:4823H.03C Bill No.:HCS for HB 2564 Subject:Internet and E-Mail; Business and Commerce; Economic Development Type:Original Date:February 24, 2022Bill Summary:This proposal establishes the Twenty-First Century Technology Innovation
Task Force.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on General
Revenue $0$0$0
ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on Other State
Funds $0$0$0
Numbers within parentheses: () indicate costs or losses. L.R. No. 4823H.03C
Bill No. HCS for HB 2564
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February 24, 2022
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ESTIMATED NET EFFECT ON FEDERAL FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on All Federal
Funds $0$0$0
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)FUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on FTE 000
☐ Estimated Net Effect (expenditures or reduced revenues) expected to exceed $250,000 in any
of the three fiscal years after implementation of the act or at full implementation of the act.
☐ Estimated Net Effect (savings or increased revenues) expected to exceed $250,000 in any of
the three fiscal years after implementation of the act or at full implementation of the act.
ESTIMATED NET EFFECT ON LOCAL FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Local Government$0$0$0 L.R. No. 4823H.03C
Bill No. HCS for HB 2564
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February 24, 2022
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FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Elementary and Secondary Education, the Department of
Higher Education and Workforce Development, the Missouri House of Representatives and
the Missouri Department of Agriculture each assume the proposal would not fiscally impact
their respective agencies.
Officials from the Missouri Senate anticipate a negative fiscal impact to reimburse three
senators for travel to task force meetings. In summary, it will cost approximately $383.67 per
meeting.
Oversight notes members of the Twenty-First Century Innovation Hub Task Force shall serve
without compensation, but may be reimbursed for actual and necessary expenses. Oversight will
assume this will not create a material fiscal impact to the Missouri Senate or to other state
agencies. Oversight will not reflect a cost to the state on the fiscal note.
FISCAL IMPACT – State GovernmentFY 2023
(10 Mo.)
FY 2024FY 2025$0$0$0FISCAL IMPACT – Local GovernmentFY 2023
(10 Mo.)
FY 2024FY 2025$0$0$0
FISCAL IMPACT – Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
The proposed legislation appears to have no direct fiscal impact. L.R. No. 4823H.03C
Bill No. HCS for HB 2564
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February 24, 2022
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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 Elementary and Secondary Education
Department of Higher Education and Workforce Development
Missouri House of Representatives
Missouri Senate
Missouri Department of Agriculture
Julie MorffRoss StropeDirectorAssistant DirectorFebruary 24, 2022February 24, 2022