Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB272 by Hancock (Relating to making a voluntary contribution to the Special Olympics Texas fund when registering a motor vehicle or renewing a motor vehicle registration.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 502 of the Transportation Code to require the Department of Motor Vehicles (DMV) to allow a person to make a voluntary contribution in any amount to the Special Olympics Texas fund when registering a motor vehicle or renewing a motor vehicle registration. The bill would direct DMV to consult with the Department of Aging and Disability Services (DADS) in performing DMV's duties under this section. The bill would create the Special Olympics Texas Fund as a fund outside the state treasury to be held by the Comptroller and administered by DADS. The fund would be composed of money deposited to the fund from voluntary contributions. Money in the fund would be dispersed at least monthly, without appropriation, to Special Olympics Texas.
The bill would take effect on September 1, 2016.
The amount of revenue that would be deposited to the Special Olympics Texas Fund, outside of the treasury, under the provisions of the bill is indeterminate because these donations are voluntary and the amount of donation would vary among individuals. Based on the analysis of the Comptroller's office, it is assumed the bill have no effect on the state's cash flow.
Based on the analysis of the DMV, it is assumed any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.
Note: This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either with or outside of the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
608 Department of Motor Vehicles, 304 Comptroller of Public Accounts, 539 Aging and Disability Services, Department of