LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 19, 2021 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code 501.0234 to require a motor vehicle dealer to present and explain to the purchaser of a vehicle the form that designates the county the purchaser chooses as the recipient of all taxes, fees, or other revenue the tax assessor-collector is legally authorized to retain as a result of the transaction, obtain the purchaser's signature on the form, and retain the form for at least one year after the date of purchase. The bill would establish a civil penalty of $5,000 for each violation for a seller that violates the requirements of the bill.Based on information provided by the Texas Department of Motor Vehicles, it is assumed the provisions of the bill would not result in a significant fiscal impact to the State. Because the number of violations that may occur is unknown, the amount of revenue that would be derived from the civil penalty imposed on motor vehicle sellers who fail to comply with the provisions of the bill cannot be determined at this time. 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 LBB Staff: b > td > JMc, AAL, MB, TG, AF
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 19, 2021
TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), As Introduced
TO: Honorable Terry Canales, Chair, House Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), 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
HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), As Introduced
HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Transportation Code 501.0234 to require a motor vehicle dealer to present and explain to the purchaser of a vehicle the form that designates the county the purchaser chooses as the recipient of all taxes, fees, or other revenue the tax assessor-collector is legally authorized to retain as a result of the transaction, obtain the purchaser's signature on the form, and retain the form for at least one year after the date of purchase. The bill would establish a civil penalty of $5,000 for each violation for a seller that violates the requirements of the bill.Based on information provided by the Texas Department of Motor Vehicles, it is assumed the provisions of the bill would not result in a significant fiscal impact to the State. Because the number of violations that may occur is unknown, the amount of revenue that would be derived from the civil penalty imposed on motor vehicle sellers who fail to comply with the provisions of the bill cannot be determined at this time.
Based on information provided by the Texas Department of Motor Vehicles, it is assumed the provisions of the bill would not result in a significant fiscal impact to the State. Because the number of violations that may occur is unknown, the amount of revenue that would be derived from the civil penalty imposed on motor vehicle sellers who fail to comply with the provisions of the bill cannot be determined at this time.
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
304 Comptroller of Public Accounts, 608 Department of Motor Vehicles
LBB Staff: b > td > JMc, AAL, MB, TG, AF
JMc, AAL, MB, TG, AF