FISCAL NOTE
Date Requested: February 13, 2017 Time Requested: 01:49 PM |
Agency: |
Motor Vehicles, WV Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1281 |
Introduced |
HB2402 |
|
CBD Subject: |
Motor Vehicles |
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|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to create a special procedure for a person in possession of an abandoned antique vehicle to apply for and receive title to the vehicle; to create a procedure for the Division of Motor Vehicles to search for the owner of the vehicle and provide notice of an application for the title to the vehicle; to create a procedure for an owner to reclaim the vehicle within 30 days of notice of an application for title to the vehicle; to establish fees to accompany an application for title to the vehicle; to establish fees for reclamation of the vehicle by owner; to create a misdemeanor and, impose fines for interfering with an owner's attempt to reclaim a vehicle; and to direct the division to promulgate rules and forms to effectuate the new procedure.
It is estimated that there would be no more than 50 vehicles in any given year that would go through the Abandoned Antique Vehicle application process. This process will require the creation of three new application forms:
1. Application for Antique Vehicle
2. Vehicle Removal Certificate
3. New VIN Verification Form
Forms can be produced for approximately $.03 each. It is estimated that graphic design would cost no more than $345. Review and research could take as much as 8 hours for a Customer Service Representative, and could amount to $6,160 per year. There is $50 allocated to the division for each application.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2017 Increase/Decrease (use"-") |
2018 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
6,495 |
6,150 |
6,150 |
Personal Services |
6,495 |
6,150 |
6,150 |
Current Expenses |
0 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
2,500 |
2,500 |
2,500 |
Explanation of above estimates (including long-range effect):
Personnel Costs - Form Design
$ 115 per Form
$ 345 Total Design Cost
Processing Costs
$ 123 per Application
$ 6,150 per Year (based on 50 applications a year)
Revenue Estimate
$ 50 Revenue per Application
50 Number of Applications
$ 2,500 Total Revenue Estimate
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov