LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1625 by Wentworth (Relating to the acceptance of durable powers of attorney by third parties.), As Introduced No fiscal implication to the State is anticipated. The bill would prohibit a third party located in this state from refusing, without reasonable cause, to honor a durable power of attorney properly executed in accordance with Chapter XII of the Texas Probate Code, including a statutory durable power of attorney. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council LBB Staff: JOB, MN, SD, SJS LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1625 by Wentworth (Relating to the acceptance of durable powers of attorney by third parties.), As Introduced TO: Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1625 by Wentworth (Relating to the acceptance of durable powers of attorney by third parties.), As Introduced Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB1625 by Wentworth (Relating to the acceptance of durable powers of attorney by third parties.), As Introduced SB1625 by Wentworth (Relating to the acceptance of durable powers of attorney by third parties.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would prohibit a third party located in this state from refusing, without reasonable cause, to honor a durable power of attorney properly executed in accordance with Chapter XII of the Texas Probate Code, including a statutory durable power of attorney. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 212 Office of Court Administration, Texas Judicial Council 212 Office of Court Administration, Texas Judicial Council LBB Staff: JOB, MN, SD, SJS JOB, MN, SD, SJS