Industrial siting amendments.

08LSO-0285.L1

FISCAL NOTE

The non-administrative fiscal impact is indeterminable.

The amount of impact assistance monies awarded under this type of distribution formula is entirely dependent on the activity within a community.  The amount of revenue decrease to the state is indeterminable because of the uncertainty of the events that may qualify for impact assistance. 

This bill also requires the imposition of the maximum allowable general purpose option tax in order to qualify for this impact assistance. The maximum allowable general purpose option tax is currently 2%. There are currently no jurisdictions imposing the maximum allowable 2% general purpose option tax.

Prepared by:   Dean Temte, LSO    Phone: 777-7881

(Information provided by Dan Noble, Dept. of Revenue; 777-5220:

Todd Parfitt, DEQ; 777-7555)

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 does not modify any state agency budget or current personnel authorizations.

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:

Department of Environmental Quality