PREPARED BY: Kenneth Boggs LB 464 DATE PREPARED: March 03, 2025 PHONE: 471-0050 Revision: 00 FISCAL NOTE LEGISLATIVE FISCAL ANALYST ESTIMATE ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates) FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS Any Fiscal Notes received from state agencies and political subdivisions are attached f ollowing the Legislative Fiscal Analyst Estimate. LB464 addresses organized retail crime by establishing clear legal definitions, prohibitions, and tiered penalties based on the value of stolen merchandise—ranging from a Class I misde meanor for thefts of $500 to $1,499, to a Class IIA felony for thefts of $5,000 or more, with enhanced penalties for repeat offenders. The Supreme Court has stated that LB 464 will have a minimal fiscal impact and will not require any additional resources . ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE LB: 464 AM: AGENCY/POLT. SUB: Supreme Court REVIEWED BY: Jacob Leaver DATE: 2/28/2025 PHONE: (402) 471-4173 COMMENTS: Concur with the Supreme Court’s estimate of minimal fiscal impact as a result of LB 464. Please complete ALL (5) blanks in the first three lines. 2025 LB (1) 464 FISCAL NOTE State Agency OR Political Subdivision Name: (2) 05 Supreme Court Prepared by: (3) Eric Asboe Date Prepared: (4) 2/27/2025 Phone: (5) 402-326-9215 ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS Explanation of Estimate: Minimal fiscal impact to provide judicial education. No additional resources required. _____________________________________________________________________________________________________ _ BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE Personal Services: POSITION TITLE NUMBER OF POSITIONS 25-26 26-27 2025-26 EXPENDITURES 2026-27 EXPENDITURES Benefits………………………………...…… Operating…………………………...………. Travel……………………………………….. Capital outlay…………………...………….. Aid…………………………………………... Capital improvements……………………... TOTAL……………………………… .....