This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0821 - Condemnation Proceeding Commissioners
L.R. NO. 3145-01
BILL NO. SB 821
SUBJECT: Condemnation Proceedings
TYPE: Original
DATE: February 12, 1996
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials from the Office of State Courts Administrator, the Office of the
Attorney General, and the Department of Economic Development - Division of
Professional Registration assume the proposed legislation would have no
fiscal impact on their agencies.
FISCAL IMPACT - State Government FY 1997 FY 1998 FY 1999
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 1997 FY 1998 FY 1999
(10 Mo.)
$0 $0 $0
DESCRIPTION
Currently, Section 523.040, RSMo, provides for the appointment of three
commissioners in certain condemnation proceedings. The proposed legislation
would require that one commissioner be an attorney licensed by the Missouri
Supreme Court, one commissioner be a real estate broker licensed by the
Missouri Real Estate Commission and that the remaining commissioner be a real
estate appraiser licensed or certified by the Missouri Real Estate
Appraisers' Commission. These commissioners would have to be residents of
the county in which the real estate under consideration is situated.
This legislation is not federally mandated, would not duplicate any other
program and would not require additional capital improvements or rental
space.
SOURCES OF INFORMATION
Office of State Courts Administrator
Office of the Attorney General
Department of Economic Development - Division of Professional Registration