Supplement: TX HB3861 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB3861 please see the Bill Drafting List
Bill Title: Relating to the titling and registration of motor vehicles by motor vehicle dealers.
Status: 2023-05-24 - Removed from local & uncontested calendar [HB3861 Detail]
Download: Texas-2023-HB3861-Fiscal_Note_Introduced_.html
Bill Title: Relating to the titling and registration of motor vehicles by motor vehicle dealers.
Status: 2023-05-24 - Removed from local & uncontested calendar [HB3861 Detail]
Download: Texas-2023-HB3861-Fiscal_Note_Introduced_.html
TO: |
Honorable Terry Canales, Chair, House Committee on Transportation |
FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
IN RE: |
HB3861 by Goldman (Relating to the titling and registration of motor vehicles by motor vehicle dealers.), As Introduced |
No significant fiscal implication to the State is anticipated.
The bill would amend Transportation Code, Chapter 520, to require motor vehicle dealers to use the electronic system designed by the Texas Department of Motor Vehicles (TxDMV) and made available by a county tax assessor-collector to submit a title and registration application in the name of the purchaser of a motor vehicle.
Based on the information provided by TxDMV, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > | 608 Department of Motor Vehicles |
LBB Staff: b > td > | JMc, AAL, TG |