LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 13, 2001 TO: Honorable Clyde Alexander, Chair, House Committee on Transportation FROM: John Keel, Director, Legislative Budget Board IN RE: HB1678 by Bosse (Relating to nonrepairable and salvage motor vehicles.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend the Transportation Code by prohibiting the rebuilding of a motor vehicle for which a Nonrepairable Certificate of Title (NCT) has been issued. The bill would repeal the issuance of a certificate of title for a rebuilt nonrepairable vehicle and the ability for the Department of Public Safety (DPS) to collect a fee for inspecting a nonrepairable vehicle and providing a certificate. The bill would establish guidelines and requirements for the NCT and would require the certificate to contain specific language. The bill would also create an out-of-state buyers license and would authorize the Texas Department of Transportation (TxDOT) to serve as the issuer. The bill would establish the criteria and fee for obtaining a license and would require that licenses be renewed annually. The bill would prohibit an out-of-state buyer from purchasing a salvage motor vehicle or a nonrepairable motor vehicle in the state without a license. The bill would also allow a licensed salvage vehicle dealer to sell late model salvage vehicles to an individual. The bill would take effect September 1, 2002, except for the section relating to out-of-state buyers licenses, which would take effect March 1, 2002. No significant costs are anticipated by DPS or TxDOT related to implementing the provisions of the bill. An insignificant revenue loss is anticipated for the General Revenue fund in amounts of $76,238 for fiscal year 2002 and $53,017 for fiscal year 2003. Similarly, an insignificant revenue loss for State Highway Fund 006 is also anticipated in the amount of $114,724 in fiscal year 2002 and $118,766 in fiscal year 2003. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 601 Texas Department of Transportation, 405 Texas Department of Public Safety LBB Staff: JK, JO, RT, MW