LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 16, 2001 TO: Honorable Bob Turner, Chair, House Committee on Public Safety FROM: John Keel, Director, Legislative Budget Board IN RE: HB1236 by Isett (Relating to certain reduced fees for a license to carry a concealed handgun.), As Introduced ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * HB1236, As Introduced: negative impact of $(583,380) through the * * biennium ending August 31, 2003. * * * * 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 * * 2002 $(255,220) * * 2003 (328,160) * * 2004 (441,910) * * 2005 (313,775) * * 2006 (334,775) * **************************************************** All Funds, Five-Year Impact: ***************************************************** * Fiscal Year Probable Revenue Gain/(Loss) from * * Concealed Handgun License Account * * 0991 * * 2002 $(255,220) * * 2003 (328,160) * * 2004 (441,910) * * 2005 (313,775) * * 2006 (334,775) * ***************************************************** Fiscal Analysis The bill would reduce the fee for the renewal of a concealed handgun license by 50 percent for applicants 60 years of age or older. The bill would take effect September 1, 2001. Methodology The bill would reduce the current fee of $70 to $35 dollars. The Department of Public Safety estimates the following: Fiscal Year Number of Eligible Renewals Projected Revenue Loss 2002 7,292 $255,220 2003 9,376 $328,160 2004 12,626 $441,910 2005 8,965 $313,775 2006 9,565 $334,775 Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 405 Texas Department of Public Safety LBB Staff: JK, JC, DG