84th Texas Legislature, Regular Session, Senate Bill 742, Chapter 41 Page: 4 of 6
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for the new specialty license plate, after deduction of DMV administrative costs, is to be deposited
to the credit of an account in the license plate trust fund created by the Comptroller. The bill
would authorize money deposited to the account to be used only by the Comptroller to provide
grants to benefit the Texas Medical Center and member institutions.
The bill would take effect on September 1, 2015.
Based on the information and analysis provided by the DMV, this analysis assumes 200 of the new
specialty license plates would be issued each year at a fee of $30 each of which $7.50 would be
deposited to the General Revenue Fund for DMV administrative expenses; $0.50 would be
retained by the counties; and $22 would be deposited to an account in the License Plate Trust
Fund in the in the treasury and may be appropriated to the Comptroller to provide grants.
Based on the analysis of DMV and the Comptroller's office, it is assumed any costs or duties
associated with implementing the provisions of the bill could be absorbed within existing
This legislation would do one or more of the following: create or recreate a dedicated account in
the General Revenue Fund, create or recreate a special or trust fund either with or outside of the
Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included
in this bill would be subject to funds consolidation review by the current Legislature.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 302 Office of the Attorney General,
608 Department of Motor Vehicles
LBB Staff: UP, AG, NV, TG, TBo
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Texas. Legislature. Senate. 84th Texas Legislature, Regular Session, Senate Bill 742, Chapter 41, legislative document, May 19, 2015; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth704472/m1/4/: accessed November 16, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.