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



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
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.



FISCAL ANALYSIS



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