This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0199 - Condemnation proceedings and appointment of commissioners
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 1011-01
BILL NO. SB 199
SUBJECT: Condemnation Proceedings
TYPE: Original
DATE: January 21, 1999
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 2000
FY 2001
FY 2002 None
Total Estimated
$0
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| None | |||
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials from the Office of State Courts Administrator, the Office of the Attorney General (in responses to similar proposals), the Missouri Department of Transportation, and the Department of Economic Development - Division of Professional Registration stated that the proposal would not affect their agencies.
| FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2000 | FY 2001 | FY 2002 |
| (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 proposal 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
Jeanne Jarrett, CPA
Director
January 21, 1999