LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 18, 2011 TO: Honorable Chris Harris, Chair, Senate Committee on Jurisprudence FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB587 by Uresti (Relating to jurisdiction in certain proceedings brought by the attorney general with respect to charitable trusts.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend the Property Code and expand the jurisdiction of a statutory probate court of Travis County to include concurrent jurisdiction in a proceeding brought by the Office of the Attorney General alleging breach of a fiduciary duty with respect to a charitable trust created by a will that has been admitted to probate. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General LBB Staff: JOB, JT, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 18, 2011
TO: Honorable Chris Harris, Chair, Senate Committee on Jurisprudence FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB587 by Uresti (Relating to jurisdiction in certain proceedings brought by the attorney general with respect to charitable trusts.), As Introduced
TO: Honorable Chris Harris, Chair, Senate Committee on Jurisprudence
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB587 by Uresti (Relating to jurisdiction in certain proceedings brought by the attorney general with respect to charitable trusts.), As Introduced
Honorable Chris Harris, Chair, Senate Committee on Jurisprudence
Honorable Chris Harris, Chair, Senate Committee on Jurisprudence
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB587 by Uresti (Relating to jurisdiction in certain proceedings brought by the attorney general with respect to charitable trusts.), As Introduced
SB587 by Uresti (Relating to jurisdiction in certain proceedings brought by the attorney general with respect to charitable trusts.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Property Code and expand the jurisdiction of a statutory probate court of Travis County to include concurrent jurisdiction in a proceeding brought by the Office of the Attorney General alleging breach of a fiduciary duty with respect to a charitable trust created by a will that has been admitted to probate. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General
212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General
LBB Staff: JOB, JT, JM
JOB, JT, JM