TO:	Honorable Terry Canales, Chair, House Committee on Transportation

FROM:	Jerry McGinty, Director, Legislative Budget Board

IN RE:	HB3664 by Dean (Relating to designation by the purchaser of a motor vehicle of the county in which a motor vehicle dealer shall apply for the registration of and title for certain vehicles sold by the dealer; authorizing a civil penalty.), As Introduced

The bill would amend Transportation Code §501.0234 to require a motor vehicle dealer to present and explain to the purchaser of a vehicle the form that designates the county the purchaser chooses as the recipient of all taxes, fees, or other revenue the tax assessor-collector is legally authorized to retain as a result of the transaction, obtain the purchaser's signature on the form, and retain the form for at least one year after the date of purchase. The bill would establish a civil penalty of $5,000 for each violation for a seller that violates the requirements of the bill.

Based on information provided by the Texas Department of Motor Vehicles, it is assumed the provisions of the bill would not result in a significant fiscal impact to the State. Because the number of violations that may occur is unknown, the amount of revenue that would be derived from the civil penalty imposed on motor vehicle sellers who fail to comply with the provisions of the bill cannot be determined at this time.

LEGISLATIVE BUDGET BOARD
Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION


April 19, 2021