When is an agency required to file a private fiscal note?
A private fiscal note must be filed if a proposed rule, or amendment or rescission of a rule will require an expenditure of money by or reduction in income for any person, firm, corporation, association, partnership, proprietorship or business entity of any kind or character estimated which is estimated to cost more than five hundred dollars in the aggregate(over the lifetime of the rule). The private fiscal note must provide an estimate of the number of persons or business entities by class that would be affected, a classification by types of the business entities in such manner to give reasonable notice of the number and kind of business affected, and an estimate in the aggregate for the cost of compliance for the affected entities. Fiscal note forms and affidavits are available on line at http://www.sos.mo.gov/adrules/forms.asp.
