LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 10, 1995 TO: Honorable John T. Montford, Chair IN RE: Committee Substitute Committee on Finance for Senate Senate Bill No. 1446 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