COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:0917S.03I Bill No.:SB 96 Subject:Political Subdivisions; Economic Development Type:Original Date:January 29, 2023Bill Summary:This proposal modifies provisions relating to certain Improvement Districts.
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. 0917S.03I
Bill No. SB 96
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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. 0917S.03I
Bill No. SB 96
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FISCAL ANALYSIS
ASSUMPTION
Officials from the City of Kansas City state this proposal could have a negative fiscal impact on
Kansas City in an indeterminate amount if the legislation makes it more difficult to establish
community improvement districts and thereby impedes economic development.
Oversight assumes this could possibly make it harder to establish a Community Improvement
District and/or a Transportation Development District. However, Oversight assumes this to be a
potential indirect
Officials from the Department of Revenue, the Missouri Department of Transportation
the City of Springfield
organizations. Oversight does not have any information to the contrary. Therefore, Oversight
will reflect a zero impact in the fiscal note for these agencies.
Oversight only reflects the responses received from state agencies and political subdivisions;
however, other cities were requested to respond to this proposed legislation but did not. A listing
of political subdivisions included in the Missouri Legislative Information System (MOLIS)
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
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. 0917S.03I
Bill No. SB 96
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SOURCES OF INFORMATION
City of Kansas City
Department of Revenue
Missouri Department of Transportation
City of Springfield
Julie MorffRoss StropeDirectorAssistant DirectorJanuary 29, 2023January 29, 2023