TO: | Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB782 by Pickett (Relating to registration exemptions for certain foreign commercial motor vehicles.), As Engrossed |
The bill would amend the Transportation Code by changing the definition a foreign commercial motor vehicle to a commercial motor vehicle "owned" by a person or entity, instead of "owned or controlled" by a person or entity. The bill would require a vehicle located in a border commercial zone and owned by a leasing facility or a leasing terminal located in Texas, and leased to a foreign carrier, to display a valid Texas registration.
Based on the analysis of the Texas Department of Transportation, it is assumed the provisions of the bill would result in a revenue gain to the state and the counties from an increase in trailer registrations. However, the impact to the state is not expected to be significant.
The amount of revenue gain would vary by county within a border commercial zone depending on the number of vehicles required to be registered; however, the amount would not be significant.
Source Agencies: | 304 Comptroller of Public Accounts, 601 Department of Transportation
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LBB Staff: | JOB, KJG, MW, TG, DB
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