SB 297 - HB 752 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 18, 2025 Fiscal Analyst: Rebecca Chandler | Email: rebecca.chandler@capitol.tn.gov | Phone: 615-741-2564 SB 297 - HB 752 SUMMARY OF BILL: Eliminates the requirement for a legal guardian to apply for a lifetime sportsman license on behalf of their adopted child within 36 months of the child's adoption date. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Tennessee Code Annotated § 70-2-201(h)(1) authorizes a legal guardian to apply for a lifetime sportsman license on behalf of an adopted child within 36 months of adoption, provided the child is under 13 years old at the time of application. • The proposed legislation removes this deadline, allowing parents to apply at any time before the child turns 13 years of age. • The Tennessee Wildlife Resources Agency (TWRA) is responsible for issuing these licenses, and revenue from sales supports the Wildlife Resources Fund. • Beginning July 2025, the cost of all permanent fishing and hunting licenses will increase by 12 percent. As a result, the cost of the adopted child lifetime license will rise from $320 to $358. This license is priced the same as the lifetime license for children aged 0-3. • Based on data provided by the TWRA, an average of 76 adopted child lifetime licenses were sold per year in FY22-23 and FY23-24. • It is assumed that all these licenses were for children over the age of three, qualifying them for the under three-years-old lifetime license rate. • It is assumed that the majority of legal guardians will still purchase the license within three years of adoption. However, some may wait until the child is closer to 13 years old to purchase, allowing time to determine whether the child has an interest in hunting and fishing. • Additionally, it is reasonably assumed that some guardians who may not have originally planned to purchase the license will now do so, as they may have missed the three-year deadline and can now obtain it at the lower, $358 cost. • While these factors will influence the timing of purchases, their overall impact on total license sales cannot be precisely quantified. However, since the licenses will still be purchased at some point, any short-term revenue fluctuations are expected to balance out over time, resulting in a netted not significant impact on state revenue. SB 297 - HB 752 2 CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director