FISCAL NOTE
Date Requested: February 20, 2015
Time Requested: 02:56 PM |
| Agency: |
Motor Vehicles, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1150 |
Introduced |
HB2863 |
|
|---|
| CBD Subject: |
Motor Vehicles |
|---|
|
FUND(S):
Road Fund
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
14 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
5 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
9 |
0 |
| 2. Estimated Total Revenues |
0 |
-4 |
15 |
Explanation of above estimates (including long-range effect):
The purpose of this bill is to permit the Division of Motor Vehicles to issue special "Homeland Security and Emergency Management" registration plates.
This bill establishes a one-time fee of $10.00 to cover the cost of issuance of the plate, along with an additional annual fee of $15.00 for each plate upon renewal.
The Division has been paying $8.50 for special plates, plus $5.00 for administration costs. The total cost to issue this special plate is $13.50 per plate.
Memorandum
Person submitting Fiscal Note: Jerry L. Conrad
Email Address: jerry.l.conrad@wv.gov