Fiscal Note

HB0072 - Penalty for Misuse of Securities

State Impact:
The provisions of this bill require a first year General Fund appropriation of $23,200 to the Department of Corrections. The incremental increase of $23,200 will be added as additional offenders are sent to prison. The additional expenses of the other agencies involved ( i.e. Department of Commerce, Courts) can be absorbed within existing budgets.

Individual and Business Impact:
The provisions of this bill will increase fines for convicted individuals. It could also increase the prison time, thereby reducing an individuals future ability to earn income.

Office of the Legislative Fiscal Analyst
1/19/2001 11:07:27 AM

Last Revised: 30 August, 2000