Brands.                                                                 06LSO-0143.C2

FISCAL NOTE

This bill contains an appropriation of $50,000 from the GENERAL FUND.  This appropriation is effective immediately.

 

FY 2007

FY 2008

FY 2009

NON-ADMINISTRATIVE IMPACT

 

 

 

Anticipated Revenue Increase:

 

 

 

EARMARKED REVENUE

1,216,250

16,250

16,250

Source of revenue increase:

$1.2 million of FY 2007 revenue increase is represented by revenue authorized by this bill if the agency were to institute the 50% surcharge authorized by 11-20-405(c).  The surcharge is repealed at the end of FY 2007.  The seed stock and exhibition permits created by 11-20-230 will bring in additional fees. The brand-recording fee that will be retained as authorized by 11-20-103(b) will bring in additional fees.  The fees for non-mandatory inspections as authorized in 11-20-402 (a)(xi) will bring in additional fees, however, the amount of fees generated is indeterminable but will be insignificant.

Assumptions:

Inspection numbers remain the same as they did for FY 03 (best estimate of what numbers will be for the next 2-3 years).  The Livestock Board charges the maximum surcharge permitted, although may elect to institute a lower surcharge depending on account solvency.

250 producers will apply and pay for a seed stock or exhibition stock permit.  150 brands will not be recorded, but the $25 fee will be retained (this is based on numbers of non-issued brands in previous years).

 

The fiscal impact to the judicial system is indeterminable due to an unknown number of cases.

NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED

This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill modifies The Livestock Board’s budget.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

 

Livestock Board

 

 

Prepared by:   Joy Hill, LSO                    Phone:   777-7881

(Information provided by Walter Cook, Livestock Board, Phone:  777-6440)