LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION
 
March 10, 2003

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



Estimated Two-year Net Impact to General Revenue Related Funds for HB498, As Introduced: a negative impact of ($773,010) through the biennium ending August 31, 2005.



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) from
GENERAL REVENUE FUND
1
2004 ($333,130)
2005 ($439,880)
2006 ($419,825)
2007 ($392,245)
2008 ($328,440)

Fiscal Analysis

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.


Methodology

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%).


Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
304 Comptroller Of Public Accounts, 405 Department Of Public Safety
LBB Staff:
JK, WK, VDS, AR