Supplement: TX HB677 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB677 please see the Bill Drafting List
Bill Title: Relating to a highway toll exemption for public school buses.
Status: 2023-05-08 - Referred to Transportation [HB677 Detail]
Download: Texas-2023-HB677-Fiscal_Note_Introduced_.html
Bill Title: Relating to a highway toll exemption for public school buses.
Status: 2023-05-08 - Referred to Transportation [HB677 Detail]
Download: Texas-2023-HB677-Fiscal_Note_Introduced_.html
| TO: |
Honorable Terry Canales, Chair, House Committee on Transportation |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB677 by Jetton (Relating to a highway toll exemption for public school buses.), As Introduced |
Because the number of waived toll transactions that may occur under the provisions of the bill is unknown, the potential negative impact to toll revenue and costs to the State to replace lost toll revenue cannot be determined at this time.
The bill would amend Chapter 372 of the Transportation Code to prohibit a toll project entity from requiring a school bus that is exempt from payment of vehicle registration fees to pay a toll for use of a toll project.
Based on the information provided by TxDOT, it is assumed implementation of the bill would result in lost toll revenue on TxDOT toll projects and potential increased costs to replace lost toll revenue on toll facilities with outstanding debt backed by a pledge of toll project revenue. Because the number of waived transactions that may occur on each state toll project is unknown, the potential negative impact to toll revenue and costs to replace lost toll revenue cannot be determined at this time.
Based on the information provided by TxDOT, it is assumed implementation of the bill would result in lost toll revenue on TxDOT toll projects and potential increased costs to replace lost toll revenue on toll facilities with outstanding debt backed by a pledge of toll project revenue. Because the number of waived transactions that may occur on each state toll project is unknown, the potential negative impact to toll revenue and costs to replace lost toll revenue cannot be determined at this time.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
| Source Agencies: | 601 Department of Transportation, 701 Texas Education Agency |
| LBB Staff: | JMc, AAL, GDZ, TG |
