LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 20, 2017 TO: Honorable Joe Straus, Speaker of the House, House of Representatives FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates. ), As Passed 2nd House Estimated Two-year Net Impact to General Revenue Related Funds for HB2700, As Passed 2nd House: an impact of $0 through the biennium ending August 31, 2019. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 20, 2017
TO: Honorable Joe Straus, Speaker of the House, House of Representatives FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates. ), As Passed 2nd House
TO: Honorable Joe Straus, Speaker of the House, House of Representatives
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates. ), As Passed 2nd House
Honorable Joe Straus, Speaker of the House, House of Representatives
Honorable Joe Straus, Speaker of the House, House of Representatives
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates. ), As Passed 2nd House
HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates. ), As Passed 2nd House
Estimated Two-year Net Impact to General Revenue Related Funds for HB2700, As Passed 2nd House: an impact of $0 through the biennium ending August 31, 2019. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Estimated Two-year Net Impact to General Revenue Related Funds for HB2700, As Passed 2nd House: an impact of $0 through the biennium ending August 31, 2019.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five-Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds 2018 $0 2019 $0 2020 $0 2021 $0 2022 $0
2018 $0
2019 $0
2020 $0
2021 $0
2022 $0
All Funds, Five-Year Impact: Fiscal Year Probable Revenue Gain fromLic Plate Trust Fund No. 0802, est802 Probable Revenue Gain fromTx Dept of Motor Vehicles Fnd10 Probable Revenue Gain fromCounties 2018 $4,400 $1,500 $100 2019 $4,400 $1,500 $100 2020 $4,400 $1,500 $100 2021 $4,400 $1,500 $100 2022 $4,400 $1,500 $100
Fiscal Year Probable Revenue Gain fromLic Plate Trust Fund No. 0802, est802 Probable Revenue Gain fromTx Dept of Motor Vehicles Fnd10 Probable Revenue Gain fromCounties 2018 $4,400 $1,500 $100 2019 $4,400 $1,500 $100 2020 $4,400 $1,500 $100 2021 $4,400 $1,500 $100 2022 $4,400 $1,500 $100
2018 $4,400 $1,500 $100
2019 $4,400 $1,500 $100
2020 $4,400 $1,500 $100
2021 $4,400 $1,500 $100
2022 $4,400 $1,500 $100
Fiscal Analysis
The bill would amend Chapter 504 of the Transportation Code to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates to raise awareness of childhood cancer. The bill would specify that the fee for the new specialty license plate, after deduction of TxDMV administrative costs, is to be deposited to the credit of an account in the license plate trust fund created by the Comptroller. The bill would authorize money deposited to the account to be used only by the General Land Office to provide grants to benefit organizations operating in Texas that raise awareness of, conduct research on, or provide services for persons diagnosed with childhood cancer.The bill would take effect on September 1, 2017.
Methodology
Based on the information and analysis provided by TxDMV, this analysis assumes 200 of the new specialty license plates would be issued each year at a fee of $30 each of which $7.50 would be deposited to the TxDMV Fund 10 for TxDMV administrative expenses; $0.50 would be retained by the counties; and $22 would be deposited to an account in the License Plate Trust Fund in the in the treasury and may be appropriated to the General Land Office to provide grants to benefit organizations operating in Texas that raise awareness of, conduct research on, or provide services for persons diagnosed with childhood cancer. Based on LBB's analysis of information provided by TxDMV and the General Land Office, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either with or outside of the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 608 Department of Motor Vehicles, 302 Office of the Attorney General
304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 608 Department of Motor Vehicles, 302 Office of the Attorney General
LBB Staff: UP, SD, LBO, AG, EH, TG, JSm
UP, SD, LBO, AG, EH, TG, JSm