LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 9, 2021 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2453 by Krause (Relating to the issuance of Family First specialty license plates.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Subchapter G, Chapter 504 of the Transportation Code to require the Texas Department of Motor Vehicles (TxDMV) to issue "Family First" specialty license plates. The bill would stipulate that the fee for issuance of the plates, after deduction for DMV administrative costs, is to be deposited to an account created by the Comptroller in the License Plate Trust Fund and may only be used by the Texas Education Agency (TEA) to make grants to a nonprofit organization with chapters operating in Texas schools. The bill would take effect on September 1, 2021.Based on information provided by DMV and TEA, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agencies' existing resources. The fee for issuance of a specialty license plate under Subchapter G, Chapter 504 of the Transportation Code is $30.00. Out of this amount $7.50 would be deposited to the Texas Department of Motor Vehicles Fund for TxDMV administrative costs, $0.50 would be retained by the counties for administrative costs, and the remaining $22.00 would be deposited to the License Plate Trust Fund, pursuant to Transportation Code 504.6012, for use by TEA as authorized by the bill. Based on the information and analysis provided by DMV, it is assumed the issuance of the new specialty plate would not result in a significant fiscal impact to the State. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 608 Department of Motor Vehicles, 701 Texas Education Agency LBB Staff: b > td > JMc, AAL, TG, MB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 9, 2021
TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2453 by Krause (Relating to the issuance of Family First specialty license plates.), As Introduced
TO: Honorable Terry Canales, Chair, House Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2453 by Krause (Relating to the issuance of Family First specialty license plates.), As Introduced
Honorable Terry Canales, Chair, House Committee on Transportation
Honorable Terry Canales, Chair, House Committee on Transportation
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2453 by Krause (Relating to the issuance of Family First specialty license plates.), As Introduced
HB2453 by Krause (Relating to the issuance of Family First specialty license plates.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Subchapter G, Chapter 504 of the Transportation Code to require the Texas Department of Motor Vehicles (TxDMV) to issue "Family First" specialty license plates. The bill would stipulate that the fee for issuance of the plates, after deduction for DMV administrative costs, is to be deposited to an account created by the Comptroller in the License Plate Trust Fund and may only be used by the Texas Education Agency (TEA) to make grants to a nonprofit organization with chapters operating in Texas schools. The bill would take effect on September 1, 2021.Based on information provided by DMV and TEA, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agencies' existing resources. The fee for issuance of a specialty license plate under Subchapter G, Chapter 504 of the Transportation Code is $30.00. Out of this amount $7.50 would be deposited to the Texas Department of Motor Vehicles Fund for TxDMV administrative costs, $0.50 would be retained by the counties for administrative costs, and the remaining $22.00 would be deposited to the License Plate Trust Fund, pursuant to Transportation Code 504.6012, for use by TEA as authorized by the bill. Based on the information and analysis provided by DMV, it is assumed the issuance of the new specialty plate would not result in a significant fiscal impact to the State.
Based on information provided by DMV and TEA, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agencies' existing resources. The fee for issuance of a specialty license plate under Subchapter G, Chapter 504 of the Transportation Code is $30.00. Out of this amount $7.50 would be deposited to the Texas Department of Motor Vehicles Fund for TxDMV administrative costs, $0.50 would be retained by the counties for administrative costs, and the remaining $22.00 would be deposited to the License Plate Trust Fund, pursuant to Transportation Code 504.6012, for use by TEA as authorized by the bill. Based on the information and analysis provided by DMV, it is assumed the issuance of the new specialty plate would not result in a significant fiscal impact to the State.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 608 Department of Motor Vehicles, 701 Texas Education Agency
304 Comptroller of Public Accounts, 608 Department of Motor Vehicles, 701 Texas Education Agency
LBB Staff: b > td > JMc, AAL, TG, MB
JMc, AAL, TG, MB