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F I S C A L I M P A C T R E P O R T

SPONSOR Taylor

ORIGINAL DATE

LAST UPDATED

1/29/07

HB

SHORT TITLE Car Dealer Training and Licensure

SB 104

ANALYST Earnest

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

NFI

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Taxation and Revenue Department (TRD)

SUMMARY

Synopsis of Bill

Senate Bill 104 amends the motor vehicle code to add an educational requirement for obtaining

an initial non-franchise license to conduct business as an auto dealer, auto recycler or title service

company. Applicants would be required to complete eight hours of training that is approved by

the Taxation and Revenue Department’s Motor Vehicle Division.

FISCAL IMPLICATIONS

None identified.

SIGNIFICANT ISSUES

The proposal does not specify the type of training to be provided or the purpose of that training.

ADMINISTRATIVE IMPLICATIONS

TRD estimates that administrative costs of implementing the proposed legislation would be

relatively minor and could be performed with available resources.

BE/mt