Honorable Terry Canales, Chair, House Committee on Transportation
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
SB2015 by Fallon (Relating to the issuance of pediatric cancer research specialty license plates.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend Subchapter G, Chapter 504 of the Transportation Code to require the Department of Motor Vehicles (DMV) to issue "Kids Shouldn't Have Cancer" specialty license plates. The bill would stipulate that the fee for issuance of the plates, after deduction for DMV administrative costs, is to be deposited to the cancer prevention and research fund and may only be used to fund pediatric cancer research. The bill would take effect on September 1, 2019.
Based on 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.
The fee for issuance of a specialty license plate under Subchapter G, Chapter 504 of the Transportation Code is $30.00. Out of this amount $7.50 would be deposited to the Texas Department of Motor Vehicles Fund (TxDMV Fund) for DMV administrative costs, $0.50 would be retained the counties for administrative costs, and the remaining $22.00 would be deposited to the License Plate Trust Fund, pursuant to Transportation Code §504.6012. Based on the information and analysis provided by DMV and the Comptroller's office, it is assumed the issuance of the new specialty plate would not result in a significant fiscal impact to the State.
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:
304 Comptroller of Public Accounts, 542 Cancer Prevention and Research Institute of Texas, 608 Department of Motor Vehicles