COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.:2552H.01I Bill No.:HB 1106 Subject:Department of Transportation; Roads and Highways; Veterans Type:Original Date:April 8, 2025Bill Summary:This proposal designates the "POW/MIA Cpt. Steven N. Bezold Memorial Highway" in Montgomery County. FISCAL SUMMARY ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2026FY 2027FY 2028Total Estimated Net Effect on General Revenue $0$0$0 ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2026FY 2027FY 2028State Road Fund($4,000)$0$0Total Estimated Net Effect on Other State Funds ($4,000)$0$0 Numbers within parentheses: () indicate costs or losses. L.R. No. 2552H.01I Bill No. HB 1106 Page 2 of April 8, 2025 BR:LR:OD ESTIMATED NET EFFECT ON FEDERAL FUNDSFUND AFFECTEDFY 2026FY 2027FY 2028Total Estimated Net Effect on All Federal Funds $0$0$0 ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)FUND AFFECTEDFY 2026FY 2027FY 2028Total 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 2026FY 2027FY 2028Local Government$0$0$0 L.R. No. 2552H.01I Bill No. HB 1106 Page 3 of April 8, 2025 BR:LR:OD FISCAL ANALYSIS ASSUMPTION Section 226.886 – Road Naming Officials from the Missouri Department of Transportation (MoDOT) assume the proposal is estimated to have a total negative impact on the State Road Fund of $4000. This would be a one- time expense as the language requires MoDOT to fund this designation with no costs for sign fabrication and installation recouped through the participation fee. The estimated cost is $2000 per sign, with 2 total signs for this designation. Oversight has no information to the contrary. Therefore, Oversight will present the fiscal impact of this proposal as provided by MoDOT. FISCAL IMPACT – State GovernmentFY 2026 (10 Mo.) FY 2027FY 2028STATE ROAD FUND (0320)Costs – MoDOT §263.886 Memorial Road Sign($4,000)$0$0 ESTIMATED NET EFFECT ON THE STATE ROAD FUND($4,000)$0$0 FISCAL IMPACT – Local GovernmentFY 2026 (10 Mo.) FY 2027FY 2028$0$0$0 FISCAL IMPACT – Small Business No direct fiscal impact to small businesses would be expected as a result of this proposal. L.R. No. 2552H.01I Bill No. HB 1106 Page 4 of April 8, 2025 BR:LR:OD FISCAL DESCRIPTION This act designated the portion of State Highway 19 from State Highway 94 continuing north to CRD Motley Road in Montgomery County shall be designated the "POW/MIA CPT Steven N Bezold Memorial Highway". The department of transportation shall erect and maintain appropriate signs designating such highway, with the costs to be paid by the department of transportation. 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 Department of Transportation Julie MorffJessica HarrisDirectorAssistant DirectorApril 8, 2025April 8, 2025