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