COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:0655S.02I Bill No.:SB 181 Subject:Insurance - Automobile; Insurance - General; Department of Commerce and
Insurance; Motor Vehicles; Transportation; Consumer Protection;
Telecommunications; Liability
Type:Original Date:February 9, 2025Bill Summary:This proposal enacts provisions relating to insurance for certain uses of
motor vehicles.
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. 0655S.02I
Bill No. SB 181
Page 2 of
February 9, 2025
KC: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. 0655S.02I
Bill No. SB 181
Page 3 of
February 9, 2025
KC:LR:OD
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Revenue (DOR) assume this bill may conflict with Section
303.425 (SB398,2023) that will be implemented no later than December 31, 2027. The insurance
that the peer-to-peer car sharing program will provide may cause those vehicles to be listed as
uninsured when they are receiving coverage through the peer-to-peer car sharing program.
This legislation will likely lead to an increase in uninsured motorist accident cases as it will lead
to more denials of coverage. DOR has only one part-time hearing officer to review these hearing
requests. If this legislation causes an uptick in hearing requests, the department will request
additional FTE through the appropriation process.
Oversight assumes because the potential for litigation is speculative, that the DOR will not incur
significant cost related to this proposal. If a fiscal impact were to result, the DOR may request
additional funding through the appropriation process.
Officials from the Department of Commerce and Insurance assume 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.
Rule Promulgation
Officials from the Joint Committee on Administrative Rules assume this proposal is not
anticipated to cause a fiscal impact beyond its current appropriation.
Officials from the Office of the Secretary of State (SOS) note many bills considered by the
General Assembly include provisions allowing or requiring agencies to submit rules and
regulations to implement the act. The SOS is provided with core funding to handle a certain
amount of normal activity resulting from each year's legislative session. The fiscal impact for
this fiscal note to the SOS for Administrative Rules is less than $5,000. The SOS recognizes that
this is a small amount and does not expect that additional funding would be required to meet
these costs. However, the SOS also recognizes that many such bills may be passed by the
General Assembly in a given year and that collectively the costs may be in excess of what the
office can sustain with its core budget. Therefore, the SOS reserves the right to request funding
for the cost of supporting administrative rules requirements should the need arise based on a
review of the finally approved bills signed by the governor. L.R. No. 0655S.02I
Bill No. SB 181
Page 4 of
February 9, 2025
KC:LR:OD
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
A fiscal impact to insurance companies licensed to write motor vehicle liability insurance in
Missouri could 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.
SOURCES OF INFORMATION
Department of Commerce and Insurance
Department of Revenue
Office of the Secretary of State
Joint Committee on Administrative Rules
Julie MorffJessica HarrisDirectorAssistant DirectorFebruary 9, 2025February 9, 2025