TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB1159 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 |
---|---|
2006 | $0 |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from GENERAL REVENUE FUND 1 |
Probable Savings/(Cost) from GENERAL REVENUE FUND 1 |
Change in Number of State Employees from FY 2003 |
---|---|---|---|
2006 | $100,233 | ($100,233) | 2.0 |
2007 | $82,558 | ($82,558) | 2.0 |
2008 | $82,558 | ($82,558) | 2.0 |
2009 | $82,558 | ($82,558) | 2.0 |
2010 | $82,558 | ($82,558) | 2.0 |
TDLR expects a licensee population of approximately 2,849. It is anticipated the agency would need two additional Full-time Equivalents (FTE) to administer the program: one Administrative Assistant IV ($33,644 annual salary and benefits) to process and review applications, for continuing education and customer service, and for administration of exams; one-half Investigator IV ($21,399 annual salary and benefits) for investigation of complaints; and one-half Legal Assistant II ($17,865 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 $36,500 in fiscal year 2006 to develop an exam for licensees. The analysis also includes $14,265 to cover a $5 per licensee TexasOnline fee starting in fiscal year 2005. For travel, equipment, and other operating expenses, the agency would need $22,933 in fiscal year 2006 and $5,400 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: | 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 452 Department of Licensing and Regulation, 212 Office of Court Administration, Texas Judicial Council, 405 Department of Public Safety, 601 Department of Transportation
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LBB Staff: | JOB, MW, RR, JRO, RT, RB
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