LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 23, 2001
  
  
          TO:  Honorable Florence Shapiro, Chair, Senate Committee on
               State Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB713  by Shapiro (relating to documentation of motor
               vehicle ownership.), Committee Report 1st House,
               Substituted
  
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*  No significant fiscal implication to the State is anticipated.        *
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The bill would amend the Transportation Code by removing the requirement
for the Texas Department of Transportation to issue non-negotiable
duplicate original certificates of title.  The bill would also eliminate
the need for issuing certified copies of duplicate original certificates
of title.  The bill would allow a receipt issued for registration
purposes only to evidence a title and would require an application fee
for the receipt.

The department estimates an $882,000 cost savings each year would be
realized in implementing the provisions of the bill.  The department also
estimates that an insignificant net revenue reduction would be realized
from fees not being collected.  No significant fiscal implication to the
State is anticipated as it is assumed that savings realized from
certificates of title costs not being incurred would be used for other
eligible transportation related expenditures.

The bill would take effect on September 1, 2001.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, RB, MW