HB 1123 -- ECONOMIC IMPACT ON SMALL BUSINESS

This bill requires the Oversight Division of the Committee on
Legislative Research to include with each fiscal note a
statement about whether proposed legislation will have an
economic impact on small businesses.  "Small business" is
defined as an independently owned and operated entity employing
50 or fewer full-time employees.

HB 1123 -- ECONOMIC IMPACT ON SMALL BUSINESS (Mays)

This bill requires the Oversight Division of the Committee on
Legislative Research to include with each fiscal note a
statement about whether proposed legislation will have an
economic impact on small businesses.  "Small business" is
defined as an independently owned and operated entity employing
50 or fewer full-time employees.

FISCAL NOTE:  No impact on state funds.

HB 1123 -- ECONOMIC IMPACT ON SMALL BUSINESS

SPONSOR:  Mays

COMMITTEE ACTION: Voted "do pass by consent by the Committee on
Commerce by a vote of 22 to 0.

This bill requires the Oversight Division of the Committee on
Legislative Research to include with each fiscal note a
statement about whether proposed legislation will have an
economic impact on small businesses.  "Small business" is
defined as an independently owned and operated entity employing
50 or fewer full-time employees.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that this bill will enable
legislators to make informed decisions about proposed changes
affecting businesses.

Testifying for the bill were Representative Mays; National
Federation of Independent Business; and Missouri Chamber of
Commerce.

OPPONENTS:  There was no opposition voiced to the committee.

Debra Cheshier, Research Analyst

HB 1123 -- Economic Impact on Small Businesses

Sponsor:  Mays

This bill requires the Oversight Division of the Committee on
Legislative Research to include with each fiscal note a
statement about whether proposed legislation will have an
economic impact on small businesses.  "Small business" is
defined as an independently owned and operated entity employing
50 or fewer full-time employees.