LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 24, 2001 TO: Honorable Senfronia Thompson, Chair, House Committee on Judicial Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: SB1407 by Madla (Relating to the sale of livestock by a personal representative of a decedent's estate.), Committee Report 2nd House, Substituted ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** The bill would provide that a bonded livestock commission merchant shall be paid his usual and customary charges for the sale of livestock by a personal representative of a decedent's estate even if the charges exceed five per cent of the sale price. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, TB, SS