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| SPONSOR: | Godbey | DATE TYPED: | 02/15/01 | HB | 414 | ||
| SHORT TITLE: | Speeding by Excessive Weight Vehicles | SB | |||||
| ANALYST: | Dotson | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY01 | FY02 | FY01 | FY02 | ||
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates/Relates to Appropriation in The General Appropriation Act House Bill 406 and Senate Bill 209 are duplicate bills. Relates to HB 401.
REVENUE
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY01 | FY02 | |||
| See Fiscal Impact | ||||
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates/Conflicts with/Companion to/Relates to
SOURCES OF INFORMATION
Administrative Office of the Courts, Tax and Revenue and Department of Public Safety.
SUMMARY
Synopsis of Bill
HB 414 increases fines for speeding by vehicles weighing over 26,000 pounds gross vehicle weight. The increase in fines is substantial, over 10 times the former fine in all cases.
Significant Issues
The risk to public safety from large speeding vehicles will be reduced. As the law reads a $500.00 fine can be levied for exceeding the speed limit one mile per hour.
FISCAL IMPLICATIONS
Estimates of revenues generated was not given by Tax and Revenue. However, a change in fines of this magnitude could significantly effect revenues by either changing driver behavior and reducing revenues or collecting significant amounts of additional revenues.
PD/njw