COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:5786H.02P Bill No.:Perfected HCS for HB 2756 Subject:Boards, Commissions, Committees, and Councils; Contracts and Contractors;
Energy; Property, Real and Personal; Taxation and Revenue - Property; Utilities;
Department of Commerce and Insurance; Political Subdivisions
Type:Original Date:April 17, 2024Bill Summary:This proposal modifies provisions of the "Property Assessment Clean
Energy Act".
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. 5786H.02P
Bill No. Perfected HCS for HB 2756
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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 to (Unknown)$0 to (Unknown)$0 to (Unknown) L.R. No. 5786H.02P
Bill No. Perfected HCS for HB 2756
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FISCAL ANALYSIS
ASSUMPTION
Oversight assumes the House Committee Substitute for House Bill 2756 adds section 67.2810
which deals with clean energy development boards. This section states a clean energy
development board shall be a political subdivision of the state and modifies the powers of such
boards. Oversight will reflect a $0 to Unknown cost to local political subdivisions for these
possible expanded powers of the board.
House Amendment 1 - §§67.2817 & 67.2830
Oversight assumes House Amendment 1 lengthens the allowable bond financing window from
20 to 30 years. Oversight assumes this amendment will have no further fiscal impact to state or
local governments.
Bill as a whole:
Officials from the Department of Commerce and Insurance, the Department of Natural
Resources, the Department of Revenue and the Office of Administration - Budget and
Planning each assume the proposal will have no fiscal impact on their respective organizations.
In response to a previous version, officials from Kansas City assumed the proposal will have no
fiscal impact on their organization.
Oversight does not have any information to the contrary. Therefore, Oversight will reflect a zero
impact in the fiscal note for the above mentioned agencies. Oversight notes we requested
information from numerous other cities as well as counties, but none other than Kansas City
responded.
FISCAL IMPACT – State GovernmentFY 2025
(10 Mo.)
FY 2026FY 2027$0$0$0 L.R. No. 5786H.02P
Bill No. Perfected HCS for HB 2756
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FISCAL IMPACT – Local GovernmentFY 2025
(10 Mo.)
FY 2026FY 2027LOCAL POLITICAL
SUBDIVISIONS
Cost – Municipalities
Clean Energy Development Board
changes
$0 to
(Unknown)
$0 to
(Unknown)
$0 to
(Unknown)
ESTIMATED NET EFFECT TO
LOCAL POLITICAL
SUBDIVISIONS
$0 to
(Unknown)
$0 to
(Unknown)
$0 to
(Unknown)
FISCAL IMPACT – Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
This proposal modifies provisions of the "Property Assessment Clean Energy Act".
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
Department of Commerce and Insurance
Department of Revenue
Office of Administration - Budget and Planning
Department of Natural Resources
Kansas City
Julie MorffRoss StropeDirectorAssistant DirectorApril 17, 2024April 17, 2024