LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session February 20, 1995 TO: Honorable Clyde Alexander, Chair IN RE: House Bill No. 496 Committee on Transportation By: Hunter, Bob et House of Representatives al. Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 496 (Relating to the issuance of special license plates for certain vehicles owned by certain foreign organizations.; Relating to the issuance of special license plates for certain vehicles owned by certain foreign organizations.) 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 provides for the issuance of special license plates for certain vehicles owned by certain foreign organizations. 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 Probable Revenue Probable Revenue Year Cost Out of Gain to the Gain to the State General Revenue State Highway Highway Fund 001 Fund 006 Fund 006 1996 $41,435 $1,937 $1,988 Fiscal Probable Change in Year Revenue Gain Number of to Local State Governments Employees from FY 1995 1996 $963 .1 1997 355 1,937 1,988 963 .1 1998 355 1,937 1,988 963 .1 1999 355 1,937 1,988 963 .1 2000 355 1,937 1,988 963 .1 Similar annual fiscal implications would continue as long as the provisions of the bill are in effect. Source: Department of Transportation LBB Staff: JK, ML, DF