Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB1755 by Thompson, Ed (relating to assembled vehicles and former military vehicles, including the titling and registration of those vehicles.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Transportation Code by adding Chapter 731 relating to assembled vehicles and allow for the titling and registration of such vehicles. The bill would establish the definition of and other specifications relating to an "assembled vehicle." The bill would establish vehicle titling, registration, and inspection requirements and procedures for eligible assembled vehicle types. The bill would require the Department of Motor Vehicles (DMV) to adopt rules required by Chapter 731 as soon as practicable after the effective date of the bill. The bill would authorize certain former military vehicles designated for off-highway use that have a gross weight of less than 10,000 pounds to be registered for on-road use. The bill would take effect on September 1, 2019.
Based on the analysis provided by DMV, it is assumed provisions authorizing the titling and registration of certain assembled vehicles and the registration of certain military vehicles would result in an insignificant revenue gain to the State.
Based on LBB's analysis of information provided by DMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 405 Department of Public Safety, 582 Commission on Environmental Quality, 608 Department of Motor Vehicles