COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3387-01
BILL NO. Truly Agreed To and Finally Passed SB 764
SUBJECT: Estates, Wills, and Trusts
TYPE: Original
DATE: April 21, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 1999
FY 2000
FY 2001 None
Total Estimated
$0
$0
$0
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
None | |||
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials of the Office of State Courts Administrator, the Department of Mental Health, and the Department of Social Services assume this proposal would not fiscally impact their agencies.
FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
(10 Mo.) | |||
0 | 0 | 0 | |
FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
(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
This proposal eliminates the classification and population requirements of Section 473.767 of the probate code. Current law mandates that a former public administrator deliver the administration of estates to the successor public administrator in first class charter counties, first class non- charter counties containing part of a city with a population over 350,000, and second class counties with over 57,000 population and containing part of a city with a population over 350,000. This act makes the provision applicable statewide.
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
Department of Social Services
Department of Mental Health
Jeanne Jarrett, CPA
Director
April 21, 1998