LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 7, 1995
TO: Honorable Clyde Alexander, Chair IN RE: House Bill No. 300
Committee on Transportation By: Hochberg
House of Representatives
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 would prescribe information that may be disclosed to
the Department of Transportation pursuant to the transfer of a
secondhand vehicle by sale or trade.
The bill would remove civil or criminal liability, if the
transferor completes the form within 10 days of the transfer, and
pays the established fee.
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 Change in
Year of State Highway Gain to State Number of State
Fund 006 Highway Fund 006 Employees from
FY 1995
1996 $401,287 $401,287 13.0
1997 328,923 328,923 13.0
1998 319,983 319,983 13.0
1999 319,983 319,983 13.0
2000 319,983 319,983 13.0
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