LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 76th Regular Session
March 20, 1999
TO: Honorable Clyde Alexander, Chair, House Committee on
Transportation
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB2462 by Alexander (Relating to registration and
operation of certain farm vehicles and trailers.), As
Introduced
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* Estimated Two-year Net Impact to General Revenue Related Funds for *
* HB2462, As Introduced: 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. *
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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:
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*Fiscal Probable Revenue Loss to State Probable Revenue Loss to *
* Year Highway Fund Counties *
* 0006 *
* 2000 $(8,307,649) $(4,300,000) *
* 2001 (712,727) (4,300,000) *
* 2002 (722,989) (4,300,000) *
* 2003 (733,253) (4,300,000) *
* 2004 (743,731) (4,300,000) *
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Fiscal Analysis
The bill would allow additional owners to qualify for Farm Truck, Farm
Truck Tractor, and Farm Trailer license plates. The bill would also
require the department to revise the application form for Farm Trailer,
Farm Truck, or Farm Truck Tractor license plates and notify the county
tax assessor-collectors and law enforcement agencies of the provisions
of the bill
Methodology
The Texas Department of Transportation (TxDot) estimated that the demand
for the Farm Trailer Plate, Farm Truck Plate, and Farm Truck Tractor
Plate would increase by 20 percent in FY 2000 and in FY 2001 through 2004
remain constant. TxDot estimated that because the registration fee for
farm license plates is 50 percent less than the fees for Truck,
Combination, and Trailer registrations the state would incur a revenue
loss because of the shift to the less costly plate.
Local Government Impact
TxDot estimated that the increase in demand for the Farm Trailer Plate,
Farm Truck Plate, and Farm Truck Tractor Plate would have a revenue
impact on local governments.
Source Agencies:
LBB Staff: JK, PE, ML