LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 23, 2009 TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2417 by Leibowitz (Relating to the definition of charitable trust for purposes of court jurisdiction.), As Introduced No fiscal implication to the State is anticipated. The bill would define a charitable trust to mean a charitable entity, a trust the stated purpose of which is to benefit a charitable entity, or an inter vivos or testamentary gift to a charitable entity for purposes of Section 5(e), Texas Probate Code. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, SD, SJS, MN
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 23, 2009
TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2417 by Leibowitz (Relating to the definition of charitable trust for purposes of court jurisdiction.), As Introduced
TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2417 by Leibowitz (Relating to the definition of charitable trust for purposes of court jurisdiction.), As Introduced
Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence
Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2417 by Leibowitz (Relating to the definition of charitable trust for purposes of court jurisdiction.), As Introduced
HB2417 by Leibowitz (Relating to the definition of charitable trust for purposes of court jurisdiction.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would define a charitable trust to mean a charitable entity, a trust the stated purpose of which is to benefit a charitable entity, or an inter vivos or testamentary gift to a charitable entity for purposes of Section 5(e), Texas Probate Code.
The bill would define a charitable trust to mean a charitable entity, a trust the stated purpose of which is to benefit a charitable entity, or an inter vivos or testamentary gift to a charitable entity for purposes of Section 5(e), Texas Probate Code.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, SD, SJS, MN
JOB, SD, SJS, MN