FISCAL NOTE
FUND(S):
Sources of Revenue:
Special Fund Road Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to exempt non-profit organizations from paying an annual motor vehicle registration fee for vehicles used exclusively to carry out its goals and purposes.
For a fiscal note written in March of 2005, the Division had received information from the West Virginia Secretary of State’s Office that an estimated 10,000 non-profit organizations existed in West Virginia.
The Division of Motor Vehicles has no idea the number of vehicles that are registered by each of the different organizations.
Assuming that each non-profit organization has one vehicle registered and that vehicle pays a registration fee of $30.00 per year, the total loss of revenue would be $300,000.
The revenue loss would be $285,000 in registration fees, $10,000 in litter control fees, and $5,000 in compulsory insurance fees.
No additional cost is associated with this bill.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2007
Increase/Decrease
(use"-") |
2008
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
-300,000 |
-300,000 |
Explanation of above estimates (including long-range effect):
Revenue Loss
Estimated Number of Vehicles 10,000
Registration Fee $ 30.00
Total Loss of Revenue $300,000
Breakdown of Revenue
Registration (Road Fund) $ 28.50
Litter Control (Road Fund) $ 1.00
Insurance $ .50
Total Class A Registration Fee $ 30.00
Memorandum
Person submitting Fiscal Note: Rick Johnston
Email Address: rjohnston@dot.state.wv.us