LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session May 4, 1999 TO: Honorable Florence Shapiro, Chair, Senate Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: HB1075 by Craddick (Relating to raising the speed limit for vehicles towing certain trailers.), As Engrossed ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * HB1075, As Engrossed: 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 Year Probable Cost from State Highway * * Fund * * 0006 * * 2000 $(424,000) * * 2001 0 * * 2002 0 * * 2003 0 * * 2004 0 * ***************************************************** Fiscal Analysis The bill would adjust the speed limit for certain vehicles towing a trailer or semitrailer used primarily to transport a motorcycle, dogs or livestock. Methodology The Texas Department of Transportation estimated that 1 new sign would be necessary for each of the state's 73 points of entry, plus 7 additional signs located internally in the state to convey the new speed limit information. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 601 Department of Transportation LBB Staff: JK, SD, PE, ML