LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
 
May 12, 2017

TO:
Honorable Robert Nichols, Chair, Senate Committee on Transportation
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB2700 by Hunter (Relating to the issuance of childhood cancer awareness license plates.), Committee Report 2nd House, Substituted



Estimated Two-year Net Impact to General Revenue Related Funds for HB2700, Committee Report 2nd House, Substituted: an impact of $0 through the biennium ending August 31, 2019.

The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.



Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2018 $0
2019 $0
2020 $0
2021 $0
2022 $0




Fiscal Year Probable Revenue Gain from
Lic Plate Trust Fund No. 0802, est
802
Probable Revenue Gain from
Tx Dept of Motor Vehicles Fnd
10
Probable Revenue Gain from
Counties
2018 $4,400 $1,500 $100
2019 $4,400 $1,500 $100
2020 $4,400 $1,500 $100
2021 $4,400 $1,500 $100
2022 $4,400 $1,500 $100

Fiscal Analysis

The bill would amend Chapter 504 of the Transportation Code to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates to raise awareness of childhood cancer. The bill would specify that the fee for the new specialty license plate, after deduction of TxDMV administrative costs, is to be deposited to the credit of an account in the license plate trust fund created by the Comptroller. The bill would authorize money deposited to the account to be used only by the General Land Office to provide grants to benefit organizations operating in Texas that raise awareness of, conduct research on, or provide services for persons diagnosed with childhood cancer.

The bill would take effect on September 1, 2017.

Methodology

Based on the information and analysis provided by TxDMV, this analysis assumes 200 of the new specialty license plates would be issued each year at a fee of $30 each of which $7.50 would be deposited to the TxDMV Fund 10 for TxDMV administrative expenses; $0.50 would be retained by the counties; and $22 would be deposited to an account in the License Plate Trust Fund in the in the treasury and may be appropriated to the General Land Office to provide grants to benefit organizations operating in Texas that raise awareness of, conduct research on, or provide services for persons diagnosed with childhood cancer.

Based on LBB's analysis of information provided by TxDMV and the General Land Office, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.

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:
304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 608 Department of Motor Vehicles, 302 Office of the Attorney General
LBB Staff:
UP, LBO, AG, EH, TG, JSm