LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 6, 1997
TO: Honorable Kim Brimer, Chair IN RE: House Bill No. 2632
Committee on Business & Industry By: Brimer
House
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB2632 ( Relating
to fees charged for records filed with and maintained by the
secretary of state.) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by HB2632-As Introduced
Implementing the provisions of the bill would result in a net
impact of $0 to General Revenue Related Funds through the biennium
ending August 31, 1999.
Fiscal Analysis
The bill would make various amendments to Chapter 405, Government
Code. The amendments standardize the fee for an official certification
by the Secretary of State when the certificate is issued in
connection with certified copies; increase the fee for a search
of the Secretary of State's records when written evidence is
required; establish a separate fee for certificates of existence
reflecting filings effecting changes to an entity's organizational
documents and standardize the fee for effecting service of process
through the Secretary of State. The bill would also make conforming
amendments of deletions in various statutes dealing with service
of process with the Secretary of State.
Methodolgy
The Secretary of State anticipates that standardization of the
certification fee for certified copies would not decrease the
demand for copies of agency records and that the certification
workload would increase by five percent annually from the fiscal
year 1997 figure of 27,600 certified copy certificates.
The
agency also anticipates that the fee increase for a search of
the records of the Secretary of State, from $2.00 to $5.00,
would cause a slight decrease for these types of searches for
two years and then the demand would level out.
Establishing
a separate fee of $25.00 for issuing a certificate of existence
of an organization which has undergone changes in its organizational
documents would recognize the higher cost of producing such
a certificate.
Standardization of the fee for effecting service
of process through the Secretary of State and for maintaining
a record of such service would have neutral fiscal implications.
The probable fiscal implications of implementing the provisions
of the bill during each of the first five years following passage
is estimated as follows:
Five Year Impact:
Fiscal Year Probable Revenue
Gain/(Loss) from
Appropriated
Receipts
OTHER-OTH
1998 $148,164
1998 155,572
2000 163,350
2001 171,518
2002 180,094
Net Impact on General Revenue Related Funds:
The probable fiscal implication to General Revenue related funds
during each of the first five years is estimated as follows:
Fiscal Year Probable Net Postive/(Negative)
General Revenue Related Funds
Funds
1998 $0
1999 0
2000 0
2001 0
2002 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: Agencies: 307 Secretary of State
LBB Staff: JK ,TH ,JC