LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 19, 1995
TO: Honorable Clyde Alexander, Chair IN RE: Committee Substitute
Committee on Transportation for House
House of Representatives Bill No. 300
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
300 (relating to the release of the transferor of a used or
secondhand motor vehicle from certain civil and criminal
consequences arising out of the use, operation, or abandonment of
the vehicle) this office has determined the following:
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
The bill prescribes information that may be disclosed to the
Department of Transportation pursuant to the transfer of a
vehicle. The bill would not impose or establish a civil or
criminal liability on the owner of a motor vehicle who transfers
ownership of the vehicle but does not make the disclosure of the
transfer to the Department.
The probable fiscal implication of implementing the provisions of
the bill during each of the first five years following passage
is estimated as follows:
Fiscal Probable Cost Out Probable Revenue
Year of State Highway Gain to State
Fund 006 Highway Fund 006
1995 $115,917 $0
1996 162,248 270,000
1997 162,248 270,000
1998 162,248 270,000
1999 162,248 270,000
2000 162,248 270,000
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
No fiscal implication to units of local government is
anticipated.
Source: Department of Transportation
LBB Staff: JK, ML, DF