COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 4095-01
BILL NO.: SB 894
SUBJECT: Property, Real and Personal
TYPE: Original
DATE: February 7, 2000
FISCAL SUMMARY
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the State Tax Commission stated that the proposal would have no direct fiscal impact on their agency or on state funds.
Officials or the City of Kansas City stated, in responses to similar proposals, that any duties mandated by the proposal would be accomplished with existing resources.
| FISCAL IMPACT - State Government | FY 2001
(10 Mo.) |
FY 2002 | FY 2003 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2001
(10 Mo.) |
FY 2002 | FY 2003 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
Small businesses located in Kansas City which are delinquent in paying property taxes could be affected by this proposal.
DESCRIPTION
This proposal would establish the Land Trust of Kansas City. The Land Trust would administer
the management, sale, and disposition of tax-delinquent lands in the city that are also within Jackson County. The proposal would also allow Clay County to establish a land trust.
The proposal would specify membership, responsibilities, compensation, auditing, and staffing of the Land Trust.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This proposal would not affect Total State Revenue.
SOURCES OF INFORMATION
City of Kansas City
State Tax Commission
Jeanne Jarrett, CPA
Director
February 7, 2000