LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 5, 1995
TO: Honorable John T. Montford, Chair IN RE: Senate BillNo. 1446
Committee on Finance By: Brown
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
1446 (Relating to the regulation of certain motor vehicle dealers
and to the sale, titling, and registration of certain motor
vehicles.) 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 provide definitions of motor vehicle dealers as a
franchised motor vehicle dealer, an independent motor vehicle
dealer, and a wholesale motor vehicle dealer. The bill would
increase the fees for a dealer distinguishing number to $500 from
$250 and the renewal rate to $200 from $100. In addition, the fee
for a metal dealer's plate would increase to $20 from $10 and the
fee for a manufacture's plate(s) would increase to $40 from $20
for each plate. All fees are deposited to the credit of the State
Highway Fund.
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 Revenue
Year Gain to State
Highway Fund 006
1996 $2,642,000
1997 2,642,000
1998 2,642,000
1999 2,642,000
2000 2,642,000
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
The fiscal implication to units of local government cannot be
determined.
Source: Department of Transportation
LBB Staff: JK, ML, DF