NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used for other purposes.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

SPONSOR:

Williams-Stapleton

 

DATE TYPED:

3/5/03

 

HB

971

 

SHORT TITLE:

Office of African American Affairs Collection

 

SB

 

 

 

ANALYST:

Maloy

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

$50.0

 

 

Recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Relates to SB 802, appropriating $200.0 from the general fund for operation costs of the Office of African American Affairs.

 

Relates to a $200.0 appropriation in the General Appropriation Act.

 

SOURCES OF INFORMATION

 

LFC files.

 

SUMMARY

 

            Synopsis of Bill

 

House Bill 971 appropriates $50,000 from the general fund to the Office of African American Affairs for expenditure in FY 04 and subsequent years to provide for administration and promotion of the cultural and history collection of the office.

 

Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

 

FISCAL IMPLICATIONS

 

The bill appropriates $50.0 in general fund.

 

SJM/prr