LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 18, 2023 TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code, Chapter 520, to require motor vehicle dealers to use the electronic system designed by the Texas Department of Motor Vehicles (TxDMV) and made available by a county tax assessor-collector to submit a title and registration application in the name of the purchaser of a motor vehicle.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. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 608 Department of Motor Vehicles LBB Staff: b > td > JMc, AAL, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 18, 2023
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Engrossed
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Engrossed
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Engrossed
HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Engrossed
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 520, to require motor vehicle dealers to use the electronic system designed by the Texas Department of Motor Vehicles (TxDMV) and made available by a county tax assessor-collector to submit a title and registration application in the name of the purchaser of a motor vehicle.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.
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.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 608 Department of Motor Vehicles
608 Department of Motor Vehicles
LBB Staff: b > td > JMc, AAL, TG
JMc, AAL, TG