COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:1172H.01I Bill No.:HB 290 Subject:Waste - Hazardous; Natural Resources, Department Of Type:Original Date:February 2, 2025Bill Summary:This proposal modifies financial requirements of the Radioactive Waste
Investigation Fund.
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 2028Radioactive Waste
Investigation Fund
(0560)*$0 to (Unknown)$0 to (Unknown)$0 to (Unknown)
Total Estimated Net
Effect on Other State
Funds$0 to (Unknown)$0 to (Unknown)$0 to (Unknown)
*Oversight assumes the increased expenditures from the fund could exceed $250,000
Numbers within parentheses: () indicate costs or losses. L.R. No. 1172H.01I
Bill No. HB 290
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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. 1172H.01I
Bill No. HB 290
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FISCAL ANALYSIS
ASSUMPTION
§260.558 – Radioactive Waste Investigation Fund
Officials from the Department of Natural Resources (DNR)
fiscal impact on their organization.
DNR notes the Radioactive Waste Investigation Fund (0560) has had no transfers or
expenditures in the past three fiscal years.
Per the FY 2026 DNR Budget Request book, Oversight notes DNR requested a transfer of
$150,000 from the Hazardous Waste Fund to the Radioactive Waste Investigation Fund as DNR
anticipates requests to investigate for radioactive waste.
Oversight notes the proposal removes the $150,000 cap on transfers to and expenditures from
the fund; however, Oversight is not certain which fund the transfer would come from. For
simplicity, Oversight will assume a $0 (no additional expenditures from the fund) to an
“Unknown” amount of additional expenditures from the fund for investigation costs. Oversight
assumes the unknown amount will be greater than $250,000.
Oversight also notes the Radioactive Waste Investigation Fund has had no activity in at least the
past nine fiscal years.
FISCAL IMPACT – State GovernmentFY 2026
(10 Mo.)
FY 2027FY 2028RADIOACTIVE WASTE
INVESTIGATION FUND (0560)*
Cost – DNR – potential increase in
investigation expenses
$0 to
(Unknown)
$0 to
(Unknown)
$0 to
(Unknown)
ESTIMATED NET EFFECT ON
THE RADIOACTIVE WASTE
INVESTIGATION FUND (0560)
$0 to
(Unknown)
$0 to
(Unknown)
$0 to
(Unknown)
*Oversight assumes the increased expenditures from the fund could exceed $250,000 L.R. No. 1172H.01I
Bill No. HB 290
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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.
FISCAL DESCRIPTION
Currently, the allowed transfer from the Hazardous Waste Fund to the Radioactive Waste
Investigation Fund is capped at $150,000 per fiscal year and the investigation costs cannot
exceed $150,000 per fiscal year. This bill repeals these restrictions.
The bill also requires the Department of Natural Resources to seek reimbursement of expenses
incurred during radioactive waste cleanup form any Federal agency responsible for the site.
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 Natural Resources
Julie MorffJessica HarrisDirectorAssistant DirectorFebruary 2, 2025February 2, 2025