TO: | Honorable Joe Driver, Chair, House Committee on Law Enforcement |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB498 by Isett (Relating to certain reduced fees for a license to carry a concealed handgun.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | ($333,130) |
2005 | ($439,880) |
2006 | ($419,825) |
2007 | ($392,245) |
2008 | ($328,440) |
Fiscal Year | Probable Revenue (Loss) fromGENERAL REVENUE FUND 1 |
---|---|
2004 | ($333,130) |
2005 | ($439,880) |
2006 | ($419,825) |
2007 | ($392,245) |
2008 | ($328,440) |
This bill would amend the Government Code to reduce the fee for renewal of a concealed handgun license for applicants 60 years of age or older. Currently, the renewal fee for a concealed handgun license is $70. This bill would reduce the fee for applicants 60 years of age or older to $35.
Based on currently issued licenses, Concealed Handgun License expiration dates were used to estimate the number of anticipated renewals. Estimates for FY 2004 through 2006 are based on current data. FY 2007 and FY 2008 are estimates based on anticipated renewals. The fiscal impact is determined by multiplying the eligible number of renewals of license holders age 60 or older times the current rate of renewal (60%).
Source Agencies: | 304 Comptroller Of Public Accounts, 405 Department Of Public Safety
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LBB Staff: | JK, WK, VDS, AR
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