COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:1032S.01I Bill No.:SB 140 Subject:Energy; Public Service Commission; Utilities Type:Original Date:January 30, 2025Bill Summary:This proposal creates provisions relating to electric reliability.
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 2028Total Estimated Net
Effect on Other State
Funds $0$0$0
Numbers within parentheses: () indicate costs or losses. L.R. No. 1032S.01I
Bill No. SB 140
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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. 1032S.01I
Bill No. SB 140
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FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Commerce and Insurance – Public Service Commission
(PSC) assume the proposal will have no fiscal impact on their respective organization.
Oversight notes that 393.1800.4 states that if an electrical corporation fails to have sufficient
capacity for the upcoming planning year, and it is determined by the commission to be the result
of the electrical corporation's imprudence, the commission may disallow, after conducting a
hearing, any associated costs related to the failure in a future proceeding.
Upon further inquiry, the PSC stated that they do not believe that PSC has ever found a utility
imprudent as it relates to capacity. This is new language to help address concerns over future
generation capacity.
Officials from the City of Kansas City 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.
Oversight only reflects the responses received from state agencies and political subdivisions;
however, other cities and electric companies were requested to respond to this proposed
legislation but did not. A listing of political subdivisions included in the Missouri Legislative
Information System (MOLIS) database is available upon request.
FISCAL IMPACT – State GovernmentFY 2026
(10 Mo.)
FY 2027FY 2028$0$0$0FISCAL 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. 1032S.01I
Bill No. SB 140
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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.
SOURCES OF INFORMATION
Department of Commerce and Insurance
City of Kansas City
Julie MorffJessica HarrisDirectorAssistant DirectorJanuary 30, 2025January 30, 2025