LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 29, 2021 TO: Honorable Richard Pea Raymond, Chair, House Committee on Defense & Veterans' Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB912 by Cortez (Relating to the issuance of specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code 504.315 to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.Based on the information provided by TxDMV, it is assumed any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. Pursuant to Transportation Code 504.3015, an eligible person would be able to apply for one set of the new specialty license plates established by the bill without payment of the regular vehicle registration fee. Based on the information and analysis provided by TxDMV and the Comptroller of Public Accounts, it is assumed the number of individuals who would qualify and apply for the new specialty license plates would not be significant; therefore, it is assumed implementation of the bill would not result in a significant impact to state or local revenue from vehicle registration fees. 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, SLE, MB, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 29, 2021
TO: Honorable Richard Pea Raymond, Chair, House Committee on Defense & Veterans' Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB912 by Cortez (Relating to the issuance of specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.), As Introduced
TO: Honorable Richard Pea Raymond, Chair, House Committee on Defense & Veterans' Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB912 by Cortez (Relating to the issuance of specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.), As Introduced
Honorable Richard Pea Raymond, Chair, House Committee on Defense & Veterans' Affairs
Honorable Richard Pea Raymond, Chair, House Committee on Defense & Veterans' Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB912 by Cortez (Relating to the issuance of specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.), As Introduced
HB912 by Cortez (Relating to the issuance of specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.), 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 504.315 to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates for recipients of the Borinqueneers Congressional Gold Medal.Based on the information provided by TxDMV, it is assumed any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. Pursuant to Transportation Code 504.3015, an eligible person would be able to apply for one set of the new specialty license plates established by the bill without payment of the regular vehicle registration fee. Based on the information and analysis provided by TxDMV and the Comptroller of Public Accounts, it is assumed the number of individuals who would qualify and apply for the new specialty license plates would not be significant; therefore, it is assumed implementation of the bill would not result in a significant impact to state or local revenue from vehicle registration fees.
Based on the information provided by TxDMV, it is assumed any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.
Pursuant to Transportation Code 504.3015, an eligible person would be able to apply for one set of the new specialty license plates established by the bill without payment of the regular vehicle registration fee. Based on the information and analysis provided by TxDMV and the Comptroller of Public Accounts, it is assumed the number of individuals who would qualify and apply for the new specialty license plates would not be significant; therefore, it is assumed implementation of the bill would not result in a significant impact to state or local revenue from vehicle registration fees.
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, SLE, MB, TG
JMc, SLE, MB, TG