TO: | Honorable David Dewhurst, Lieutenant Governor, Senate |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1235 by Davis, Wendy (Relating to the sale and use of unregistered vehicles, including the issuance and use of temporary tags on vehicles and the collection of sales taxes.), As Passed 2nd House |
The bill would amend various provisions in the Transportation Code relating to temporary tags for vehicles and remove a provision relating to the issuance of additional temporary tags upon the expiration of an initial temporary tag.
The bill also would amend the Tax Code to require a seller of a vehicle in a seller-financed sale to apply for a registration and Texas certificate of title for a vehicle in the name of the purchaser to the tax assessor-collector within 45 days of delivery of the vehicle to the purchaser.
Based on the analysis of the Texas Department of Transportation, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.
Source Agencies: | 601 Department of Transportation
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LBB Staff: | JOB, TP, KJG, TG
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