COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 4438-02
BILL NO.: Perfected SB 996
SUBJECT: Crimes and Punishment: Returned Checks
TYPE: Original
DATE: February 29, 2000
FISCAL SUMMARY
FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
None | $0 | $0 | $0 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
None | $0 | $0 | $0 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
Counties | Unknown | Unknown | Unknown |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Office of the State Courts Administrator, State Public Defender, and the Office of the Attorney General assume the proposed legislation would have no fiscal impact on their agencies.
Officials of the Office of Prosecution Services assume that the proposal would increase fees collected by county prosecutors for bad checks, but would have no impact on the number of cases.
Oversight assumes that the proposal would increase the fees assessed by prosecuting or circuit attorneys on returned checks, and that counties would consequently collect additional revenues from such fees. The amount of increased collections cannot be reasonably determined.
FISCAL IMPACT - State Government FY 2001 FY 2002 FY 2003
(10 Mo.)
0 0 0
FISCAL IMPACT - Local Government FY 2001 FY 2002 FY 2003
(10 Mo.)
COUNTIES
Income-additional fees collected by
prosecuting attorneys on returned checks Unknown Unknown Unknown
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
The proposal would increase the amounts to be collected by prosecuting or circuit attorneys for administrative handling costs of returned checks. Costs would be $5 for checks less than $25, $15 for checks of $25 but less than $150, $25 for checks of $150 but less than $500, $50 for checks of $500 but less than $1,000, and $75 for checks of $1,000 or more.
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 Prosecution Services
Office of the Attorney General
Office of the State Courts Administrator
State Public Defender
Jeanne Jarrett, CPA
Director
February 29, 2000