FISCAL NOTE

Date Requested: February 12, 2025
Time Requested: 07:15 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
1333 Introduced HB2039
CBD Subject:


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Decreases Existing Revenue, Increases Existing Expenses



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The purpose of this bill is to permit volunteer firefighters with five or more years of service to be eligible for free vehicle registrations and license plates on their personal vehicle. The Division estimates it will take 72 hours of programming on the cash register system at a rate of $125 per hour. Total current expense of $9,000 (72 hours X $125/hr) The Division estimates that there are approximately 6.000 volunteer firefighters that would qualify for the exemption. Assuming 100% participation, this would lead to a $300,00 (6,000 X $50) reduction of revenue.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2025
Increase/Decrease
(use"-")
2026
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 9,000 0
Personal Services 0 0 0
Current Expenses 0 9,000 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 -300,000 -300,000


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


FY 2026 $9,000 Cash Register Programming $9,000 Total Current Expense 6,000 Estimated Qualifying Individuals $50 Registration Fee $300,000 Total Revenue Reduction UPON FULL IMPLEMENTATION 6,000 Estimated Qualifying Individuals $50 Registration Fee $300,000 Total Revenue Reduction



Memorandum


Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.



    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov