LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 8, 2001 TO: Honorable Clyde Alexander, Chair, House Committee on Transportation FROM: John Keel, Director, Legislative Budget Board IN RE: HB2177 by Pickett (Relating to special license plates in honor of the YMCA in Texas.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend the Transportation Code to require an annual registration fee of $30 in addition to any other registration fees for special license plates honoring the Young Men's Christian Association (YMCA). The bill would also amend the Education Code to create a new dedicated account in the General Revenue Fund. The bill would require that $8 from each fee collected be deposited in the State Highway Fund to defray the costs of providing the plates and that all remaining proceeds be deposited in the new dedicated account. The bill would also require that funds in the new dedicated account could only be appropriated to the Texas Education Agency for the purposes of making grants to benefit the youth and government programs sponsored by the YMCA located in Texas. No significant fiscal implication to the State is anticipated due to the estimated number of license plates expected to be issued. The bill would take effect September 1, 2001. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 601 Texas Department of Transportation, 304 Comptroller of Public Accounts LBB Staff: JK, JO, RT, MW