LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 25, 2023 TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB108 by Cortez (Relating to the issuance of specialty license plates for certain classroom teachers and retired classroom teachers; imposing fees.), As Passed 2nd House No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code, Chapter 504, to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates for classroom teachers and retired classroom teachers. The bill would establish a fee of $10.00 for issuance of the classroom teacher specialty plates and $5.00 for the retired classroom teacher specialty plates. The bill would take effect on September 1, 2023. Note: 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 in, with, or outside 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. Based on the information provided by TxDMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources. Pursuant to Transportation Code, Section 504.002, revenue from the specialty license plate fees would be deposited to Texas Department of Motor Vehicles Fund 0010. Based on TxDMV's analysis regarding the estimated number of the new specialty plates that would be issued, it is assumed implementation of the bill would not result in a significant revenue gain to Fund 0010. Local Government ImpactNo 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, SD, AAL, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 25, 2023
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB108 by Cortez (Relating to the issuance of specialty license plates for certain classroom teachers and retired classroom teachers; imposing fees.), As Passed 2nd House
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB108 by Cortez (Relating to the issuance of specialty license plates for certain classroom teachers and retired classroom teachers; imposing fees.), As Passed 2nd House
Honorable Dade Phelan, Speaker of the House, House of Representatives
Honorable Dade Phelan, Speaker of the House, House of Representatives
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB108 by Cortez (Relating to the issuance of specialty license plates for certain classroom teachers and retired classroom teachers; imposing fees.), As Passed 2nd House
HB108 by Cortez (Relating to the issuance of specialty license plates for certain classroom teachers and retired classroom teachers; imposing fees.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Transportation Code, Chapter 504, to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates for classroom teachers and retired classroom teachers. The bill would establish a fee of $10.00 for issuance of the classroom teacher specialty plates and $5.00 for the retired classroom teacher specialty plates. The bill would take effect on September 1, 2023. Note: 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 in, with, or outside 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. Based on the information provided by TxDMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources. Pursuant to Transportation Code, Section 504.002, revenue from the specialty license plate fees would be deposited to Texas Department of Motor Vehicles Fund 0010. Based on TxDMV's analysis regarding the estimated number of the new specialty plates that would be issued, it is assumed implementation of the bill would not result in a significant revenue gain to Fund 0010.
Note: 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 in, with, or outside 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.
Based on the information provided by TxDMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources. Pursuant to Transportation Code, Section 504.002, revenue from the specialty license plate fees would be deposited to Texas Department of Motor Vehicles Fund 0010. Based on TxDMV's analysis regarding the estimated number of the new specialty plates that would be issued, it is assumed implementation of the bill would not result in a significant revenue gain to Fund 0010.
Based on the information provided by TxDMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources.
Pursuant to Transportation Code, Section 504.002, revenue from the specialty license plate fees would be deposited to Texas Department of Motor Vehicles Fund 0010. Based on TxDMV's analysis regarding the estimated number of the new specialty plates that would be issued, it is assumed implementation of the bill would not result in a significant revenue gain to Fund 0010.
Local Government Impact
No 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, SD, AAL, TG
JMc, SD, AAL, TG