COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:0730H.02C Bill No.:HCS for HB 186 Subject:Taxation and Revenue - Property; Property, Real and Personal; Political
Subdivisions
Type:Original Date:February 15, 2023Bill Summary:This proposal modifies provisions relating to tax levies by political
subdivisions.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2024FY 2025FY 2026Total Estimated Net
Effect on General
Revenue $0$0$0
ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2024FY 2025FY 2026Total Estimated Net
Effect on Other State
Funds $0$0$0
Numbers within parentheses: () indicate costs or losses. L.R. No. 0730H.02C
Bill No. HCS for HB 186
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ESTIMATED NET EFFECT ON FEDERAL FUNDSFUND AFFECTEDFY 2024FY 2025FY 2026Total Estimated Net
Effect on All Federal
Funds $0$0$0
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)FUND AFFECTEDFY 2024FY 2025FY 2026Total 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 2024FY 2025FY 2026Local Government$0$0$0 L.R. No. 0730H.02C
Bill No. HCS for HB 186
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FISCAL ANALYSIS
ASSUMPTION.
Officials from the Office of the State Auditor and the State Tax Commission each assume the
proposal will have no fiscal impact on their respective organizations. Oversight does not have
any information to the contrary. Therefore, Oversight will reflect a zero impact in the fiscal note.
Officials from the Jackson County Election Authority, Platte County Election Authority, St
Louis County Election Authority, City of Springfield, and the Lincoln County Assessor each
assume the proposal will have no fiscal impact on their respective organizations. Oversight does
not have any information to the contrary. Therefore, Oversight will reflect a zero impact in the
fiscal note.
Officials from the Joint Committee on Administrative Rules assume this proposal is not
anticipated to cause a fiscal impact beyond its current appropriation.
Based on the majority of responses received, Oversight does not anticipate a fiscal impact from
this proposal. However, Oversight received a limited number of responses from local political
subdivisions related to the fiscal impact of this proposal. Oversight has presented this fiscal note
on the best information available. Upon the receipt of additional responses, Oversight will
review to determine if an updated fiscal note should be prepared and seek approval to publish a
new fiscal note.
Oversight only reflects the responses received from state agencies and political subdivisions;
however, other local political subdivisions were requested to respond to this proposed legislation
but did not. A listing of political subdivisions included in the Missouri Legislative Information
System database is available upon request.
FISCAL IMPACT – State GovernmentFY 2024
(10 Mo.)
FY 2025FY 2026$0$0$0FISCAL IMPACT – Local GovernmentFY 2024
(10 Mo.)
FY 2025FY 2026$0$0$0 L.R. No. 0730H.02C
Bill No. HCS for HB 186
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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.
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
Joint Committee on Administrative Rules
Office of the State Auditor
State Tax Commission
Jackson County Election Authority
Platte County Election Authority
St Louis County Election Authority
Lincoln County Assessor
Julie MorffRoss StropeDirectorAssistant DirectorFebruary 15, 2023February 15, 2023