COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2014-01
Bill No.: SB 674
Subject: Property - Real and Personal; Easements and Conveyances
Type: Original
Date: March 11, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Office of the Governor and the Office of Administration, Division of Design and Construction assume this proposal would have no direct fiscal impact to their organizations.
Officials from the Office of the Attorney General assume that any costs associated with the proposal could be met from existing resources.
Officials from the Department of Mental Health did not respond to our request for information.
Oversight assumes the conveyance of title would be at the fair market value of the property and has shown no fiscal impact to the state.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $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 would authorize the conveyance of Marshall Habilitation Center and Midtown Habilitation Center. The commissioner of administration would conduct a public sale of the property by public bid, public auction or through a commercial real estate listing. The commissioner would set the terms of the sale, and all costs of the sale would be paid from the sale proceeds. The attorney general would approve as to form the instrument of conveyance.
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 the Governor
Office of the Attorney General
Office of Administration
Division of Design and Construction
NOT RESPONDING
Department of Mental Health
Mickey Wilson, CPA
Director
March 11, 2003