Fiscal Note - SB 0103 - Condemnation Proceedings
L.R. NO. 0524-01
BILL NO. SB 103
SUBJECT: Condemnation Proceedings
TYPE: Original
DATE: January 8, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials from the Office of State Courts Administrator, the Office of the
Attorney General, the Missouri Department of Transportation, 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 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of
this proposal.
DESCRIPTION
Currently, Section 523.040, RSMo, provides for the appointment of three
commissioners in certain condemnation proceedings. The proposed legislation
would require one commissioner to be a citizen at large, one to be a real
estate broker licensed by the Missouri Real Estate Commission and one to be a
real estate appraiser licensed or certified by the Missouri Real Estate
Appraisers' Commission. The 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
Missouri Department of Transportation
Department of Economic Development - Division of Professional Registration
This Fiscal Note is not an official copy and should not be quoted or cited.