COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:3408H.02I Bill No.:HB 1850 Subject:Ethics; Boards, Commissions, Committees, and Councils; General Assembly Type:Original Date:January 22, 2024Bill Summary:This proposal requires members of the General Assembly to report to the
Missouri Ethics Commission when they file bills that would benefit their
employer.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2025FY 2026FY 2027Total Estimated Net
Effect on General
Revenue $0$0$0
ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2025FY 2026FY 2027Total Estimated Net
Effect on Other State
Funds $0$0$0
Numbers within parentheses: () indicate costs or losses. L.R. No. 3408H.02I
Bill No. HB 1850
Page 2 of
January 22, 2024
BR:LR:OD
ESTIMATED NET EFFECT ON FEDERAL FUNDSFUND AFFECTEDFY 2025FY 2026FY 2027Total Estimated Net
Effect on All Federal
Funds $0$0$0
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)FUND AFFECTEDFY 2025FY 2026FY 2027Total 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 2025FY 2026FY 2027Local Government$0$0$0 L.R. No. 3408H.02I
Bill No. HB 1850
Page 3 of
January 22, 2024
BR:LR:OD
FISCAL ANALYSIS
ASSUMPTION
Officials from the Missouri Ethics Commission (MEC) state the proposed legislation does not
have fiscal impact on the MEC. It is assumed this prohibition would result in a minimal number
of complaints; however, if this assumption is incorrect the MEC may require additional staff
resources.
Officials from the Missouri House of Representatives and the Missouri Senate 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 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 2025
(10 Mo.)
FY 2026FY 2027$0$0$0FISCAL IMPACT – Local GovernmentFY 2025
(10 Mo.)
FY 2026FY 2027$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. 3408H.02I
Bill No. HB 1850
Page 4 of
January 22, 2024
BR:LR:OD
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
Missouri Ethics Commission
Missouri House of Representatives
Missouri Senate
Julie MorffRoss StropeDirectorAssistant DirectorJanuary 22, 2024January 22, 2024