Honorable John Frullo, Chair, House Committee on Insurance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB533 by Ashby (Relating to the impoundment of a motor vehicle operated without financial responsibility and involved in an accident or traffic violation; authorizing a fee.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to create a subchapter to permit a peace officer to impound or authorize a tow company to impound certain vehicles. The bill would require a law enforcement agency to provide retrieval instructions to the vehicle operator and release the vehicle to the operator of the vehicle or the lienholder if the person complies with certain requirements. The bill would permit the Texas Commission of Licensing and Regulation to adopt rules to implement the subchapter.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
452 Department of Licensing and Regulation, 405 Department of Public Safety