COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



LR No.: 1058-01

Bill No.: Perfected SB 383

Subject: County Recorder of Deeds: Documents

Type: Original

Date: February 27, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
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 3 pages.











ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0




FISCAL ANALYSIS





ASSUMPTION



Officials of the Callaway County Recorder of Deeds Office assume no fiscal impact.



FISCAL IMPACT - State Government FY 2004 FY 2005 FY 2006
$0 $0 $0


FISCAL IMPACT - Local Government FY 2004 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 act provides that certain recorded documents must be proven or acknowledged. The act removes the requirement that such documents must be proven and acknowledged "according to law".

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



Callaway County Recorder of Deeds



NOT RESPONDING



Boone County

Marion County

Franklin County

Johnson County

Warren County

Taney County

















Mickey Wilson, CPA

Director

February 27, 2003