FISCAL NOTE
L.R. No.: 5234H.02I Bill No.: HB 1628 Subject: Education, Higher; Department of Economic Development; Department of Higher Education and Workforce Development Type: Original Date: January 12, 2026
Bill Summary: This proposal modifies provisions relating to the Department of Higher Education and Workforce Development.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND FUND AFFECTED FY 2027 FY 2028 FY 2029
Total Estimated Net Effect on General Revenue $0 $0 $0
ESTIMATED NET EFFECT ON OTHER STATE FUNDS FUND AFFECTED FY 2027 FY 2028 FY 2029
Total Estimated Net Effect on Other State Funds $0 $0 $0 Numbers within parentheses: () indicate costs or losses. L.R. No. 5234H.02I Bill No. HB 1628 Page 2 of 5 January 12, 2026
ESTIMATED NET EFFECT ON FEDERAL FUNDS FUND AFFECTED FY 2027 FY 2028 FY 2029
Total Estimated Net Effect on All Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) FUND AFFECTED FY 2027 FY 2028 FY 2029
Total Estimated Net Effect on FTE 0 0 0
☐ Estimated Net Effect (expenditures or reduced revenues) expected to exceed $250,000 in any of the three fiscal years after implementation of the act or at full implementation of the act.
☐ Estimated Net Effect (savings or increased revenues) expected to exceed $250,000 in any of the three fiscal years after implementation of the act or at full implementation of the act.
ESTIMATED NET EFFECT ON LOCAL FUNDS FUND AFFECTED FY 2027 FY 2028 FY 2029
Local Government $0 $0 $0
MR:LR:OD L.R. No. 5234H.02I Bill No. HB 1628 Page 3 of 5 January 12, 2026
FISCAL ANALYSIS
ASSUMPTION
§§23.295, 160.575, 173.2565, 173.2566, 173.2570, 173.2571, 173.2572, 178.550, 178.585, 186.019, 288.040, and 620.010 – Modifies Duties to the Department of Higher Education and Workforce Development.
Officials from the Missouri House of Representatives assume the proposal will have no fiscal impact on their organization. The House will absorb any reasonable expenses from members serving on the council. Oversight does not have any information to the contrary. Therefore, Oversight will reflect a zero impact in the fiscal note for this agency.
Officials from the Department of Economic Development, Department of Elementary and Secondary Education, Department of Higher Education and Workforce Development, Department of Labor and Industrial Relations, Department of Revenue, Department of Public Safety-Missouri Veterans Commission, Department of Social Services, Office of the Governor, Office of Administration, and Missouri Senate each assume the proposal will have no fiscal impact on their respective organizations.
Officials from the University of Missouri, Missouri State University, Northwest Missouri State University, and University Of Central Missouri each assume the proposal will have no fiscal impact on their respective organizations.
Oversight notes that the above-mentioned agencies have stated the proposal would not have a direct fiscal impact on their organization. Oversight does not have any information to the contrary. Therefore, Oversight will reflect a zero impact on the fiscal note.
Officials from High Point R-III assume that the proposed legislation would have a fiscal impact but did not provide any additional information.
Oversight is unable to determine any direct fiscal impact to the High Point R-III; therefore, Oversight will not reflect a fiscal impact to the organization in the fiscal note.
Oversight only reflects the responses that we have received from state agencies and political subdivisions; however, other schools, colleges and universities were requested to respond to this proposed legislation but did not. Upon the receipt of additional responses, Oversight will review to determine if an updated fiscal note should be prepared and seek the necessary approval to publish a new fiscal note. A general listing of political subdivisions included in our database is available upon request.
MR:LR:OD L.R. No. 5234H.02I Bill No. HB 1628 Page 4 of 5 January 12, 2026
Rule Promulgation
Officials from the Joint Committee on Administrative Rules assume this proposal is not anticipated to cause a fiscal impact beyond its current appropriation.
Officials from the Office of the Secretary of State (SOS) note many bills considered by the General Assembly include provisions allowing or requiring agencies to submit rules and regulations to implement the act. The SOS is provided with core funding to handle a certain amount of normal activity resulting from each year's legislative session. The fiscal impact for this fiscal note to the SOS for Administrative Rules is less than $5,000. The SOS recognizes that this is a small amount and does not expect that additional funding would be required to meet these costs. However, the SOS also recognizes that many such bills may be passed by the General Assembly in a given year and that collectively the costs may be in excess of what the office can sustain with its core budget. Therefore, the SOS reserves the right to request funding for the cost of supporting administrative rules requirements should the need arise based on a review of the finally approved bills signed by the governor.
FISCAL IMPACT – State Government FY 2027 FY 2028 FY 2029 (10 Mo.)
$0 $0 $0
FISCAL IMPACT – Local Government FY 2027 FY 2028 FY 2029 (10 Mo.)
$0 $0 $0
FISCAL IMPACT – Small Business
No direct fiscal impact on small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
The proposed legislation appears to have no direct fiscal impact.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
MR:LR:OD L.R. No. 5234H.02I Bill No. HB 1628 Page 5 of 5 January 12, 2026
SOURCES OF INFORMATION
Department of Economic Development Department of Elementary and Secondary Education Department of Higher Education and Workforce Development Department of Labor and Industrial Relations Department of Revenue Department of Public Safety-Missouri Veterans Commission Department of Social Services Office of the Governor Office of Administration Office of the Secretary of State Missouri House of Representatives Missouri Senate Joint Committee on Administrative Rules University of Missouri Missouri State University Northwest Missouri State University University Of Central Missouri High Point R-III
Julie Morff Jessica Harris Director Assistant Director January 12, 2026 January 12, 2026
MR:LR:OD
Statutes affected: