LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 18, 2023 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB433 by VanDeaver (Relating to the definition of a commercial fleet.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Transportation Code, Chapter 502, relating to registration of vehicles, to change the definition of commercial fleet to mean a group of at least 12 of certain types of vehicles instead of 25 vehicles under current law.The Texas Department of Motor Vehicles (TxDMV) reports that the bill would result in an increase in the number of vehicles eligible to be considered part of a commercial fleet and, thereby, making multi-year fleet registration available to more participants. Based on the information and analysis 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 and any gain to state revenue from additional commercial fleet registration fees would not be significant. Local Government ImpactNo 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 March 18, 2023 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB433 by VanDeaver (Relating to the definition of a commercial fleet.), As Introduced TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB433 by VanDeaver (Relating to the definition of a commercial fleet.), 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 HB433 by VanDeaver (Relating to the definition of a commercial fleet.), As Introduced HB433 by VanDeaver (Relating to the definition of a commercial fleet.), 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, Chapter 502, relating to registration of vehicles, to change the definition of commercial fleet to mean a group of at least 12 of certain types of vehicles instead of 25 vehicles under current law.The Texas Department of Motor Vehicles (TxDMV) reports that the bill would result in an increase in the number of vehicles eligible to be considered part of a commercial fleet and, thereby, making multi-year fleet registration available to more participants. Based on the information and analysis 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 and any gain to state revenue from additional commercial fleet registration fees would not be significant. Local Government Impact No 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