FISCAL NOTE
Date Requested: February 28, 2017 Time Requested: 01:15 PM |
Agency: |
Motor Vehicles, WV Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2612 |
Introduced |
SB459 |
|
CBD Subject: |
Roads and Transportation |
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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 place the existing “In God We Trust” license plate in the statutory list of special plates.
The cost of this plate is $4.15 with an administrative cost of $5 per plate. A one-time fee of $10 is required when the plate is initially issued.
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 |
0 |
9 |
9 |
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 |
10 |
0 |
Explanation of above estimates (including long-range effect):
Cost to Issue New Plate
$ 4.15 Plate Cost
$ 5.00 Administrative Cost
$ 9.15 Total Cost per Plate
Revenue
$ 10.00 One-Time Fee
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov