LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session February 16, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: Senate Bill No. 343 Committee on State Affairs By: Harris Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB343 ( Relating to speed limits for vehicles towing towable recreational vehicles.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB343-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. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. Fiscal Analysis The bill would adjust the speed limits for vehicles towing certain trailers on interstate highways and non-interstate systems. Methodolgy TxDOT estimates that it would need to construct 2 signs for each of the 73 points of entry into the state to convey all of the speed limit information for the various vehicle classes. For conventional highways, 60 points of entry would require smaller signs, with 2 signs being required per point of entry. The estimated cost per sign is $1,750, for a total cost of $210,000. For interstate highways, 13 points of entry would require larger signs, with 2 signs being required per point of entry. The estimated cost per sign is $5,023, for a total cost of $130,600. Total estimated cost for all signing is $340,600. 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 Savings/(Cost) from State Highway Fund 0006 1998 ($340,600) 1998 2000 2001 2002 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. Source: Agencies: 405 Department of Public Safety 601 Department of Transportation LBB Staff: JK ,JD ,RS