COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:1258S.01I Bill No.:SB 188 Subject:Law Enforcement Officers and Agencies; Retirement Systems and Benefits -
General
Type:Original Date:March 23, 2025Bill Summary:This proposal modifies provisions relating to the Sheriffs' Retirement
System.
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. 1258S.01I
Bill No. SB 188
Page 2 of
March 23, 2025
JLH: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. 1258S.01I
Bill No. SB 188
Page 3 of
March 23, 2025
JLH:LR:OD
FISCAL ANALYSIS
ASSUMPTION
Officials from the Sheriff’s Retirement System state the Missouri Supreme Court in 2021 ruled
the collection of the $3 criminal fee was unconstitutional. The collection of the fee was removed
in July 2021. This is clean up language to remove the fee that can no longer be collected to fund
the Sheriffs' Retirement System. Therefore, there is no impact to the retirement system.
Officials from the Joint Committee on Public Employee Retirement (JCPER) state the
JCPER’s review of SB 188 indicates that its provisions may constitute a “substantial proposed
change” in future plan benefits as defined in section 105.660(10). It is impossible to accurately
determine the fiscal impact of this legislation without an actuarial cost statement prepared in
accordance with section 105.665. Pursuant to section 105.670, an actuarial cost statement must
be filed with the Chief Clerk of the House of Representatives, the Secretary of the Senate, and
the Joint Committee on Public Employee Retirement as public information for at least five
legislative days prior to final passage.
Officials from the Office of the State Courts Administrator assume the proposal will have no
fiscal impact on their respective organization.
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 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. 1258S.01I
Bill No. SB 188
Page 4 of
March 23, 2025
JLH:LR:OD
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
Sheriff’s Retirement System
Joint Committee on Public Employee Retirement
Office of the State Courts Administrator
Julie MorffJessica HarrisDirectorAssistant DirectorMarch 23, 2025March 23, 2025