TO: | Honorable Larry Phillips, Chair, House Committee on Transportation |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HJR84 by Larson (Proposing a constitutional amendment to limit the purposes for which revenues from motor vehicle registration fees, taxes on motor fuels and lubricants, and certain revenues received from the federal government may be used.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2012 | ($105,495) |
2013 | $0 |
2014 | ($561,116,021) |
2015 | ($561,116,021) |
2016 | ($561,116,021) |
Fiscal Year | Probable Savings/(Cost) from General Revenue Fund 1 |
Probable Savings/(Cost) from State Highway Fund 6 |
---|---|---|
2012 | ($105,495) | $0 |
2013 | $0 | $0 |
2014 | ($561,116,021) | $561,116,021 |
2015 | ($561,116,021) | $561,116,021 |
2016 | ($561,116,021) | $561,116,021 |
The Department of Public Safety's (DPS) State Highway Fund 6 appropriations (including employee benefits) total $561,116,021, in fiscal year 2011. The resolution states that upon voter approval, the provisions would take effect on September 1, 2013, which would be the beginning of state fiscal year 2014. The resolution would allow DPS to use Fund 6 in fiscal years 2012 and 2013, but the agency would not be able to access these funds beginning in fiscal year 2014. This analysis assumes that General Revenue would be used to fund DPS at fiscal year 2011 funding levels for fiscal years 2014 and beyond.
Source Agencies: | 304 Comptroller of Public Accounts, 360 State Office of Administrative Hearings, 405 Department of Public Safety, 601 Department of Transportation
|
LBB Staff: | JOB, KJG, SD, AG, KK
|