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

 

 

 

SPONSOR:

Komadina

 

DATE TYPED:

01/29/03

 

HB

 

 

SHORT TITLE:

Prohibit New Outdoor Advertising

 

SB

72

 

 

ANALYST:

Gilbert

 

REVENUE

 

Estimated Revenue

Subsequent

Years Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

 

 

 

($5.6)

($7.1)

 

Recurring

General Road Fund

(Parenthesis ( ) Indicate Revenue Decreases)

 

SOURCES OF INFORMATION

 

LFC Files

 

Response Received From

State Highway and Transportation Department (SHTD)

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 72 prohibits construction of new outdoor advertising for general advertising purposes and prohibits the State Highway Commission from issuing new permits for such purposes.

 

This bill contains an emergency clause.

 

FISCAL IMPLICATIONS

 

Senate Bill 72 would eliminate road fund revenues associated with new highway general outdoor advertising.

 

According to the State Highway and Transportation Department (SHTD), passage of this bill will decrease two forms of revenue as outlined below:

 

  • Decrease of revenues derived from permit application fees ($100.00 fee for each application for permit to erect or maintain outdoor advertising) that would be lost if new permitting for outdoor advertising is eliminated.

 

·        Decrease of revenues derived from annual outdoor advertising permit renewal fees that would be lost if new permitting for outdoor advertising is eliminated ($25.00 annual renewal fee for each outdoor advertising permit)

 

ADMINISTRATIVE IMPLICATIONS

 

The SHTD states that passage of this bill would eliminate the administrative duty of issuing permits for new outdoor advertising signs, but would have no impact on the number of staff performing duties related to the Highway Beautification Act.

 

RLG/njw;yr