FISCAL NOTE
Date Requested: February 05, 2016 Time Requested: 11:53 AM |
Agency: |
Motor Vehicles, Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1443 |
Introduced |
HB4228 |
|
CBD Subject: |
Roads and Transportation |
---|
|
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 create transportation network companies; to provide definitions; to declare not common carriers; to require permits; to require an agent for service of process ; to provide for fare collection, identification, and electronic receipts; to require financial responsibility and disclosure thereof; to allow automobile insurers to exclude certain coverages; to define the relationship between drivers and transportation network companies; to prohibit alcohol or drug use; to provide requirements for drivers; to require vehicle inspections; to prohibit street hails, cash trips and discrimination; to require customer records to be kept and to prohibit local entity taxes or licenses.
The DMV will only be verifying the presence of certain forms and providing a permit to the transportation network companies. This will require no more than one half hour per application. Due to the low volume of transportation network companies it appears that no more than one hour of processing time will be required along with a minimal design for a checklist and official permit. Total cost for design, based on two applications would be approximately $65.
Revenues are estimated to be $2,000.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2016 Increase/Decrease (use"-") |
2017 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
65 |
65 |
65 |
Personal Services |
15 |
0 |
0 |
Current Expenses |
100 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
2,000 |
2,000 |
2,000 |
Explanation of above estimates (including long-range effect):
Estimated Cost for Form Design Permit and Checklist - $50
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov