COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.:4205S.01I Bill No.:SB 1076 Subject:Elections; General Assembly; Constitutional Amendments; Secretary of State Type:Original Date:January 22, 2024Bill Summary:This proposal creates new provisions relating to the treatment of summary statements prepared by the General Assembly for ballot measures. 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. 4205S.01I Bill No. SB 1076 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. 4205S.01I Bill No. SB 1076 Page 3 of January 22, 2024 BR:LR:OD FISCAL ANALYSIS ASSUMPTION Officials from the Missouri House of Representatives (MHR) state the legislation notes "during a meeting of the General Assembly", so the MHR is making the assumption they will be in session and will have no fiscal impact. Officials from the Missouri Senate, the Office of the State Courts Administrator and the Office of the Secretary of State 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. 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. 4205S.01I Bill No. SB 1076 Page 4 of January 22, 2024 BR:LR:OD SOURCES OF INFORMATION Missouri House of Representatives Missouri Senate Office of the State Courts Administrator Office of the Secretary of State Julie MorffRoss StropeDirectorAssistant DirectorJanuary 22, 2024January 22, 2024