LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 28, 1999 TO: Honorable Clyde Alexander, Chair, House Committee on Transportation FROM: John Keel, Director, Legislative Budget Board IN RE: HB89 by Gutierrez (Relating to the delinquent registration of a motor vehicle), Committee Report 1st House, Substituted ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * HB89, Committee Report 1st House, Substituted: positive impact of * * $0 through the biennium ending August 31, 2001. * * * * The bill would make no appropriation but could provide the legal * * basis for an appropriation of funds to implement the provisions of * * the bill. * ************************************************************************** General Revenue-Related Funds, Five-Year Impact: **************************************************** * Fiscal Year Probable Net Positive/(Negative) * * Impact to General Revenue Related * * Funds * * 2000 $0 * * 2001 0 * * 2002 0 * * 2003 0 * * 2004 0 * **************************************************** All Funds, Five-Year Impact: *************************************************************************** *Fiscal Probable Revenue Gain to State Probable Revenue Gain to * * Year Highway Fund Counties * * 0006 * * 2000 $1,578,514 $913,877 * * 2001 1,601,083 926,941 * * 2002 1,623,976 940,196 * * 2003 1,647,199 953,642 * * 2004 1,670,754 967,278 * *************************************************************************** Fiscal Analysis The bill relates to the timely registration of a motor vehicle after expiration of the preceding registration year. Methodology The Texas Department of Transportation (TxDot) estimated that registrants that were paying the 20% penalty for late registration would now pay for a full twelve month registration under provisions of the bill. TxDot estimated that the average annual registration fee is $60. Approximately $40 is deposited to the State Highway Fund 0006, with the remainder retained by the county. Local Government Impact TxDOT estimates that there would be revenue implications to local governments from provisions of the bill. Source Agencies: LBB Staff: JK, PE, ML