TO: |
Honorable Terry Canales, Chair, House Committee on Transportation |
FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
IN RE: |
HB2028 by Dean (Relating to imposing a motor fuel tax recovery fee for the registration of an electric vehicle.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2024 | $18,772,000 |
2025 | $32,555,000 |
2026 | $48,260,000 |
2027 | $70,444,000 |
2028 | $95,866,000 |
Fiscal Year | Probable Revenue Gain from Available School Fund 2 | Probable Revenue Gain from State Highway Fund 6 | Probable Savings/(Cost) from Texas Department of Motor Vehicles Fund 10 |
---|---|---|---|
2024 | $18,772,000 | $56,317,000 | ($209,040) |
2025 | $32,555,000 | $97,664,000 | $0 |
2026 | $48,260,000 | $144,779,000 | $0 |
2027 | $70,444,000 | $211,332,000 | $0 |
2028 | $95,866,000 | $287,597,000 | $0 |
Source Agencies: b > td > | 304 Comptroller of Public Accounts, 608 Department of Motor Vehicles |
LBB Staff: b > td > | JMc, AAL, GDZ, TG |