COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.:0968S.01I Bill No.:SB 113 Subject:General Assembly; Elections Type:Original Date:January 5, 2023Bill Summary:This proposal repeals a requirement that the Joint Committee on Legislative Research hold a public hearing on certified initiative petitions. 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. 0968S.01I Bill No. SB 113 Page 2 of January 5, 2023 RAS: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. 0968S.01I Bill No. SB 113 Page 3 of January 5, 2023 RAS:LR:OD FISCAL ANALYSIS ASSUMPTION Officials from the Office of the Secretary of State, and the Joint Committee on Legislative Research (Legislative Research and the Oversight Division) each assume the proposal will have no fiscal impact on their respective organizations. Oversight notes that the above mentioned agencies have stated the proposal would not have a direct fiscal impact on their organizations. Oversight assumes that any potential savings to the Missouri House of Representatives or the Missouri Senate from not holding a meeting every other year or so, would not be material and will not be reflected in 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. 0968S.01I Bill No. SB 113 Page 4 of January 5, 2023 RAS:LR:OD SOURCES OF INFORMATION Office of the Secretary of State Legislative Research Oversight Division Julie MorffRoss StropeDirectorAssistant DirectorJanuary 5, 2023January 5, 2023