LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 30, 2003

TO:	Honorable Mike Krusee, Chair, House Committee on Transportation
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1523 by Farabee (Relating to the number of license plates to be issued for and displayed on certain motor vehicles.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Transportation Code to require the Department of Transportation to issue only one license plate for vehicles owned by the state or a political subdivision of the state.  The bill would also require the license plate to be displayed on the rear of the vehicle while operating on public streets. 

 

The Department of Transportation estimates a savings of approximately $70,000 each year for reduced license plate manufacturing costs; however, it is assumed that any savings realized from the implementation of the bill would be used for other eligible transportation related expenditures. 

 

The bill would take effect immediately upon receiving a two-thirds majority vote in both houses; otherwise, the bill would take effect September 1, 2003.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:	304 Comptroller of Public Accounts, 601 Department of Transportation
LBB Staff:	JK, RR, RT, MW