Fiscal Note

SB0129S01 - Motor Vehicle Registration Amendments

State Impact:
Computer system changes can be handled within existing budgets. Revenues that the Tax Commission collects for local governments will decline as follows: -256,900 to schools, -88,000 to counties, -72,100 to cities, and -51,000 to special districts.

Funding SourceFY 2007
Approp.		FY 2008
Approp.		FY 2007
Revenue		FY 2008
Revenue
General Fund, One-Time$0$0$0$0
Local Revenue$0$0($468,000)($477,000)
   Total
$0
$0
($468,000)
($477,000)

Individual and Business Impact:
Car rental companies will save $468,000 in registration fees.

Office of the Legislative Fiscal Analyst
2/28/2006, 12:01:07 PM