FISCAL NOTE
FUND(S):
8623
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The changes in this bill will result in approximately $23,000 of additional revenue for the Public Service Commission's Motor Carrier fund.
The changes in this bill will have no measurable impact on costs for the Public Service Commission.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2010 Increase/Decrease (use"-") |
2011 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 |
23,000 |
23,000 |
Explanation of above estimates (including long-range effect):
This statement has been corrected. The original fiscal note submitted on 1/19/2010 said that there were 2300 shipping sites. The correct number is 230 as given in the statement below. All other information in the fiscal note and in the statement below were correct as originally submitted.
It is anticipated that the sale of shipper's permits could not be implemented prior to fiscal 2011. There are approximately 230 shipper sites in West Virginia. At $100 per shipper permit per site the anticipated annual revenue is $23,000.
Memorandum
None identified.
Person submitting Fiscal Note: David M. Kovarik
Email Address: fiscalnote@psc.state.wv.us