Texas Senate Bill SB1348

Texas 2017 - 85th Regular

Caption

Relating to the deposit and appropriation of revenue received or collected by the Automobile Burglary and Theft Prevention Authority.

Impact

If passed, SB1348 would modify existing law to clarify the handling and appropriation of funds collected by the authority. The bill mandates that 50% of each fee collected under this provision would go directly to a subaccount intended for use by the department, reinforcing accountability and targeted funding for theft prevention initiatives. This targeted approach is expected to bolster efforts in combating automobile burglaries and thefts across Texas by ensuring that the resources necessary for such efforts are consistently available.

Summary

SB1348 proposes changes to the management of revenue received by the Automobile Burglary and Theft Prevention Authority. The bill specifically addresses how revenue collected from fees will be handled, ensuring that a specified portion is deposited into a dedicated subaccount within the Texas Department of Motor Vehicles fund. The intent behind the bill is to streamline the appropriation processes and ensure that funds are exclusively utilized for the purposes of the authority.

Contention

There may be some points of contention surrounding the bill regarding its financial implications and oversight provisions. Some stakeholders could raise concerns about the creation of a subaccount, questioning whether this will result in adequate monitoring and evaluation of fund usage. Additionally, discussions may arise about whether the approach taken by SB1348 effectively addresses broader concerns relating to theft prevention, including the accountability of how funds are disbursed and the efficiency of the authority’s programs funded through this legislation.