COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 3266-03
Bill No.: SCS for SB's 843 & 658
Subject: Manufactured Housing: Landlords and Tenants
Type: Original
Date: February 26, 2002
FISCAL SUMMARY
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
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 - Public Service Commission and the Department of Revenue indicated that either the proposal would not affect their agencies or that their agencies could carry out duties under terms of the proposal with existing resources.
FISCAL IMPACT - State Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
$0 | $0 | $0 |
FISCAL IMPACT - Local Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
$0 | $0 | $0 |
FISCAL IMPACT - Small Business
This proposal would affect small businesses which are manufactured housing dealers. Those dealers would be required to provide written notices signed by purchasers of used manufactured homes.
DESCRIPTION
This proposal would require mobile home park landlords to provide tenants who own their homes 180 days notice when requiring the tenants to move due to a change in use. During the 180 period, the landlord could not increase rents except for increases based upon increased property taxes.
Manufactured home dealers or manufacturers could have licenses suspended or revoked for failing to provide notice to purchasers of used manufactured homes that the Public Service Commission does not regulate setup of used manufactured homes.
This proposal would give a landowner a lien against an abandoned manufactured home for unpaid rent and specify procedures for enforcing that lien. A perfected lienholder would not be entitled to a certificate of title from the Department of Revenue until the lienholder has paid all rent it is obligated to pay under terms of this proposal.
The proposal also sets out processes and procedures for landowners to get certificates of title on manufactured homes on which they have liens. These procedures allow owners of manufactured homes chances to challenge liens in court and to redeem homes subject to liens.
DESCRIPTION (continued)
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This legislation would not affect Total State Revenue.
SOURCES OF INFORMATION
Department of Economic Development - Public Service Commission
Department of Revenue
Mickey Wilson, CPA
Acting Director
February 26, 2002