LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session February 25, 1999 TO: Honorable Florence Shapiro, Chair, Senate Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: SB349 by Nixon, Drew (Relating to allowing certain trailers to travel at the posted speed limit.), As Introduced ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * SB349, 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. * ************************************************************************** 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 $(688,000) * * 2001 0 * * 2002 0 * * 2003 0 * * 2004 0 * ***************************************************** Fiscal Analysis The bill would raise the speed limit for a passenger car or light truck towing a trailer, semitrailer, or towable recreational vehicle that is less than 20 feet in length. Methodology The Texas Department of Transportation estimated a one time cost to the department to remove, refabricate, and reinstall signs related to the new speed limits. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, SD, ML