Fiscal Note

HB0233 - Mortgage Fraud

State Impact:
Enactment of this bill will require an appropriation to the Attorney General from the General Fund equal to $65,500 one-time in FY 2009 for equipment needs and $400,300 ongoing beginning FY 2009 for additional staff and associated costs. The Courts will require an ongoing General Fund appropriation of $28,900 beginning FY 2009 for additional judicial costs. It is estimated that state revenues will increase by $18,000 annually beginning FY 2009, for a net General Fund cost of $476,700 in FY 2009 and $411,200 in FY 2010.

Funding SourceFY 2008
Approp.		FY 2009
Approp.		FY 2010
Approp.		FY 2008
Revenue		FY 2009
Revenue		FY 2010
Revenue
General Fund$0$429,200$429,200$0$18,000$18,000
General Fund, One-Time$0$65,500$0$0$0$0
   Total
$0
$494,700
$429,200
$0
$18,000
$18,000

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.

2/5/2008, 11:34:43 AM, Lead Analyst: Ricks, G.Office of the Legislative Fiscal Analyst