LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session May 8, 2001 TO: Honorable James E. "Pete" Laney, Speaker of the House, House of Representatives FROM: John Keel, Director, Legislative Budget Board IN RE: HB1245 by Goodman (Relating to the relationship between separate and community property during a marriage.), As Passed 2nd House ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would provide for claims for economic contributions to a marital estate which replaces current law which provides for claims for enhancement in value due to financial contribution of community property. Court resources currently accommodate these similar cases; thus, claims under the new provisions could be reasonably accommodated by existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, TB, JC, AJ, DB