LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 16, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB586 by Naishtat (Relating to the evidence required for the release of a motor vehicle after impoundment of the vehicle for failure to maintain evidence of financial responsibility.), Committee Report 1st House, As Amended No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code, Section 601.262 to require evidence of financial responsibility to cover the two-year period immediately following the date the defendant of an impound motor vehicle applies for the release of that vehicle. The court would be required to permit a defendant to provide evidence of insurability in increments of not less than six months. The bill would take effect on September 1, 2009. The Department of Public Safety anticipates no significant fiscal impact to the agency. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:405 Department of Public Safety LBB Staff: JOB, KJG, GG, LG, MWU
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 16, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB586 by Naishtat (Relating to the evidence required for the release of a motor vehicle after impoundment of the vehicle for failure to maintain evidence of financial responsibility.), Committee Report 1st House, As Amended
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB586 by Naishtat (Relating to the evidence required for the release of a motor vehicle after impoundment of the vehicle for failure to maintain evidence of financial responsibility.), Committee Report 1st House, As Amended
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB586 by Naishtat (Relating to the evidence required for the release of a motor vehicle after impoundment of the vehicle for failure to maintain evidence of financial responsibility.), Committee Report 1st House, As Amended
HB586 by Naishtat (Relating to the evidence required for the release of a motor vehicle after impoundment of the vehicle for failure to maintain evidence of financial responsibility.), Committee Report 1st House, As Amended
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Transportation Code, Section 601.262 to require evidence of financial responsibility to cover the two-year period immediately following the date the defendant of an impound motor vehicle applies for the release of that vehicle. The court would be required to permit a defendant to provide evidence of insurability in increments of not less than six months. The bill would take effect on September 1, 2009. The Department of Public Safety anticipates no significant fiscal impact to the agency.
The bill would amend Transportation Code, Section 601.262 to require evidence of financial responsibility to cover the two-year period immediately following the date the defendant of an impound motor vehicle applies for the release of that vehicle. The court would be required to permit a defendant to provide evidence of insurability in increments of not less than six months.
The bill would take effect on September 1, 2009.
The Department of Public Safety anticipates no significant fiscal impact to the agency.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 405 Department of Public Safety
405 Department of Public Safety
LBB Staff: JOB, KJG, GG, LG, MWU
JOB, KJG, GG, LG, MWU