Honorable Mike Krusee, Chair, House Committee on Transportation
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB87 by Reyna (Relating to the authority of a municipality to alter speed limits in an urban district within the municipality.), As Introduced
No fiscal implication to the State is anticipated.
The bill would authorize the governing body of a municipality to declare a lower speed limit of not less than 25 miles per hour for a highway or portion of a highway in an urban district in the municipality if the highway speed is determined to be unreasonable or unsafe. The bill would take effect immediately if it were to receive the required two-thirds vote in both houses; otherwise, it would take effect September 1, 2005.
Local Government Impact
If a municipality were to decide to lower a speed limit, the municipality would incur the cost of replacing speed limit signs. The cost per sign can vary from $125 to $425. No significant fiscal impact to units of local government is anticipated.