COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1926-01
Bill No.: SB 622
Subject: Pawnbrokers; Property; Law Enforcement Officers and Agencies.
Type: Original
Date: March 12, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | |||
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | |||
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Office of the State Courts Administrator and the Department of Public Safety - Missouri Highway Patrol each assume this proposal would not fiscally impact their respective agencies.
Officials from the Cole County Sheriff's Department, the Boone County Sheriff's Department nor the Callaway County Sheriff's Department responded to our request for fiscal impact. However, Oversight assumes the proposal would not have a fiscal impact upon the local political subdivision police or sheriff's departments.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
This proposal could have a direct fiscal impact on pawnbroker businesses in the state.
DESCRIPTION
This proposal would allow a Sheriff to seize property in the possession of a pawnbroker if the Sheriff receives a report from a claimant that the property has been misappropriated and the property is reasonably identifiable as the property of the claimant. If the pawnbroker believes the property is not misappropriated they would then be entitled to file a cause of action in small claims court. The prevailing party would be entitled to court costs and attorney's fees.
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 State Courts Administrator
Department of Public Safety - Missouri Highway Patrol
NOT RESPONDING: Cole County Sheriff, Boone County Sheriff, Callaway County
Sheriff.
Jeanne Jarrett, CPA
Director
March 12, 2001