COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.:0122H.01I Bill No.:HB 234 Subject:Campaign Finance; Banks and Financial Institutions; Internet and E-Mail; Ethics Type:Original Date:January 3, 2023Bill Summary:This proposal allows payments from a candidate or campaign committee to be made via mobile payment services. 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. 0122H.01I Bill No. HB 234 Page 2 of January 3, 2023 SAK:LR:OD 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. 0122H.01I Bill No. HB 234 Page 3 of January 3, 2023 SAK:LR:OD FISCAL ANALYSIS ASSUMPTION Officials from the Missouri Ethics Commission (MEC) assume the proposal will have no fiscal impact on their organization. It is assumed this prohibition would result in a minimal number of complaints. However, if this assumption is incorrect the Commission may require additional staff resources. Oversight notes that the MEC has stated the proposal would not have a direct fiscal impact on their organization. Oversight does not have any information to the contrary. Therefore, Oversight will reflect a zero impact on the fiscal note. 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 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. L.R. No. 0122H.01I Bill No. HB 234 Page 4 of January 3, 2023 SAK:LR:OD SOURCES OF INFORMATION Missouri Ethics Commission Julie MorffRoss StropeDirectorAssistant DirectorJanuary 3, 2023January 3, 2023