FUND(S):

Road Fund

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 purpose of this bill is to eliminate the annual fee charged for the 911 Commemorative Plate.
    
    The Division sold 3,547 911 Commemorative Plates during FY2004. Eliminating the annual fee of $15.00 would result in the annual reduction of Revenue to the Road Fund of $53,205.00.
    
    All applicants for the 911 Commemorative Plate would continue to pay the initial $10.00 plate cost plus full annual registration fees.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
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 -53,205 -53,205 -53,205


Explanation of above estimates (including long-range effect):


    Revenue
     Annual $15 fee $15.00
     No. of Plates 3,547
    
     Reduction in Road Fund Revenue $53,205.00



Memorandum


    



    Person submitting Fiscal Note: Richard M. Johnston
    Email Address: rjohnston@dot.state.wv.us