The bill would amend the Transportation Code to require the Texas Department of Motor Vehicles (TxDMV) to issue specialty license plates for alumni and faculty of and students and parents of students attending the Yvonne A. Ewell Townview Magnet Center in the city of Dallas. The bill would stipulate that the fee for the new specialty plates may not exceed TxDMV's administrative costs incurred in the issuance of the plates.
Based on the information provided by TxDMV, it is assumed any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. The fee for issuance of the new specialty license plate would be deposited to the Texas Department of Motor Vehicles Fund No. 10. Based on the analysis of TxDMV and the Comptroller's office, it is assumed issuance of the new specialty license 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.
No significant fiscal implication to units of local government is anticipated.