COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
LR No.: 2013-05
Bill No.: Truly Agreed to and Finally Passed HCS for SCS for SB 515
Subject: Recorder of Deeds: Procedures, Recordings
Type: Original
Date: May 24, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| 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 of the Department of Economic Development- Missouri Housing Development Commission assume there would be no fiscal impact to their Commission.
Officials of the Office of Secretary of State assumes there would be no fiscal impact to their office.
Officials of the Department of Natural Resources assume there would be no fiscal impact to any of the department's funds.
The St. Louis County Recorder of Deeds assumes there would be no fiscal impact to their office.
The Boone County Recorder of Deeds stated that the changes made in this proposal would have no effect to any of the users fees (ie. County Employees Retirement Fund, Missouri Housing Trust Fund, etc.) because those fees are a part of the first page charge and that would not change.
Officials assume no fiscal impact.
Officials of the County Employees' Retirement System assume there would be no fiscal impact to their system.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $0 |
|
FISCAL IMPACT - Local Government |
FY 2002 (6 Mo.) |
FY 2003 |
FY 2004 |
| $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 substitute sets a standard format for documents which are recorded with a County Recorder of Deeds. The new standard format also applies to the Recorder of Deeds for the City of St. Louis. The substitute allows an additional filing fee of $25 for items that do not meet the standard format requirements.
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 Secretary of State
Department of Economic Development- Missouri Housing Commission
Department of Natural Resources
Boone County Recorder of Deeds
St. Louis County Recorder of Deeds
County Employees' Retirement System
Jeanne Jarrett, CPA
Director
May 24, 2001