LD 82 LR 1683(02)
An Act To Determine the Necessity for a Public Guardian or Conservator Bond
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Judiciary
Fiscal Note Required: Yes
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $0 ($14,000) ($14,000) ($14,000)
General Fund $0 ($14,000) ($14,000) ($14,000)
Fiscal Detail and Notes
This bill eliminates a General Fund appropriation to the Department of Health and Human Services of $14,000 in fiscal year 2020-21 as these funds will no longer be required to fund the guardianship bond insurance. The guardianship bond insurance has increased in the last 3 years from $14,000 annually to $46,000 annually. However, no increase in the appropriation was ever given for this increase, so the deappropriation is based on the original funding level.