TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SB351 by Harris (Relating to the regulation of persons who repossess motor vehicles; providing penalties.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | $0 |
2005 | $0 |
2006 | $0 |
2007 | $0 |
2008 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) fromGENERAL REVENUE FUND 1 |
Probable Savings/(Cost) fromGENERAL REVENUE FUND 1 |
Change in Number of State Employees from FY 2003 |
---|---|---|---|
2004 | $117,621 | ($117,621) | 2.0 |
2005 | $99,446 | ($99,446) | 2.0 |
2006 | $99,446 | ($99,446) | 2.0 |
2007 | $99,446 | ($99,446) | 2.0 |
2008 | $99,446 | ($99,446) | 2.0 |
The Texas Department of Licensing and Regulation expects a licensee population of approximately 3,850. It is anticipated the agency would need two additional FTEs to administer the program: one Administrative Technician IV ($37,499 annual salary and benefits) to process and review applications, for continuing education and customer service, and for administration of exams; one-half Investigator IV ($21,158 annual salary and benefits) for investigation of complaints; and one-half Legal Assistant II ($17,664 annual salary and benefits) to process and review whether complaints are jurisdictional. It is assumed the agency can absorb additional administrative functions such as processing mail and reviewing applications with existing staff.
The agency also indicates it would require $25,000 in fiscal year 2004 to develop an exam for licensees. The analysis also includes $18,625 to cover a $5 per licensee TexasOnline fee starting in fiscal year 2005. For travel, equipment, and other operating expenses, the agency would need $16,300 in fiscal year 2004 and $4,500 in each subsequent year.
It is assumed the agency would raise fees from vehicle repossession industry licensees sufficient to cover all costs associated with the program.
Source Agencies: | 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General, 405 Department of Public Safety, 452 Department of Licensing and Regulation, 601 Department of Transportation
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LBB Staff: | JK, JRO, RT, RB
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