LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 18, 2009 TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed 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 May 18, 2009 TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed 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.), As Engrossed 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