SRC-ARR C.S.S.B. 432 76(R)BILL ANALYSIS Senate Research CenterC.S.S.B. 432 76R7222 JD-DBy: Ratliff State Affairs 4/26/1999 Committee Report (Substituted) DIGEST Currently, Texas law requires the annual registration renewal date for the owner of a motor vehicle to start the month the vehicle was first registered and titled with the county tax assessor collector. If someone owns more than one vehicle or a trailer, the registration renewal dates for each of these vehicles could fall on different months throughout the year. C.S.S.B. 432 would authorize the owner of a motor vehicle or trailer to designate an initial or renewal registration period for that vehicle of less than 12 months. PURPOSE As proposed, C.S.S.B. 432 authorizes the owner of a motor vehicle or trailer to designate an initial or a renewal registration period. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Chapter 502D, Transportation Code, by adding Section 502.1585, as follows: Sec. 502.1585. DESIGNATION OF REGISTRATION PERIOD BY OWNER. Provides that this section applies only to a person who owns more than one motor vehicle or trailer that is subject to registration under this chapter. Authorizes the owner of a motor vehicle or a trailer to designate an initial or a renewal registration period for that vehicle so that the registration period for the vehicle or trailer expires on the same date as the registration period for another vehicle or trailer previously registered by that owner. Requires a registration period designated under this section to begin on the first day of a calender month and end on the last day of a calender month and may not be for less than 12 months. Provides that the registration fee for a registration period designated under this section is computed at a rate of one-twelfth the annual registration fee multiplied by the number of months in the designated registration period. Requires the Department of Transportation (department) to issue an applicant for registration who pays registration fees for a designated period under this section a registration receipt and registration insignia that are valid until the expiration of the designated period. SECTION 2. Effective date: September 1, 1999. SECTION 3. Emergency clause. SUMMARY OF COMMITTEE CHANGES SECTION 1. Amends Section 502.1585, Transportation Code, to provide that this section applies only to a person who owns more than one motor vehicle or trailer that is subject to registration under this chapter. Authorizes the owner of a motor vehicle or a trailer to designate an initial or a renewal registration period for that vehicle so that the registration period for the vehicle or trailer expires on the same date as the registration period for another vehicle or trailer previously registered by that owner. Prohibits a registration period from being less than 12 months. Requires the department to issue an applicant for registration who pays registration fees for a designated period under this section a registration receipt and registration insignia that are valid until the expiration of the designated period.