TO: | Honorable Sid Miller, Chair, House Committee on Homeland Security & Public Safety |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB1329 by Raymond (Relating to a waiver of concealed handgun license fees for certain veterans of the military.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2012 | ($460,425) |
2013 | ($460,425) |
2014 | ($460,425) |
2015 | ($460,425) |
2016 | ($460,425) |
Fiscal Year | Probable Revenue (Loss) from General Revenue Fund 1 |
---|---|
2012 | ($460,425) |
2013 | ($460,425) |
2014 | ($460,425) |
2015 | ($460,425) |
2016 | ($460,425) |
In calendar year 2010, the Regulatory Services Division of the Department of Public Safety received 5,803 original applications for concealed handgun licenses and 1,549 license renewal applications from veterans. Fees are set at $70 per original license application and $35 per renewal application. Assuming continued operations at this level of activity, the estimated loss to the General Revenue Fund is $460,425 per year.
This analysis assumes that any costs associated with implementing the bill's requirements could be met with existing resources.
Source Agencies: | 403 Veterans Commission, 405 Department of Public Safety
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LBB Staff: | JOB, ESi, GG, KY
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