FISCAL NOTE



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.


Revenue Loss Estimated Number of Vehicles 8,038 Registration Fee $ 30.00 Total Loss of Revenue $ 241,140 Breakdown of Revenue Registration (Road Fund) $ 28.50 Litter Control (Road Fund) $ 1.00 Insurance (Special Revenue) $ .50 Total Class A Registration Fee $ 30.00



Fiscal Note Detail


Effect of Proposal Fiscal Year
2009
Increase/Decrease
(use"-")
2010
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
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 -241,140 -241,140 0


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


The purpose of this bill is to exempt non-profit organizations from paying an annual motor vehicle registration fee for vehicles used exclusively to carry out its goals and purposes. According to the West Virginia Secretary of State’s Office there were 8,038 non-profit organizations registered in 2008. The Division of Motor Vehicles has no idea the number of vehicles that are registered by each of the different organizations. Assuming that each non-profit organization has one vehicle registered and that vehicle pays a registration fee of $30.00 per year, the total loss of revenue would be $241,140. The revenue loss would be $229,083 in registration fees, $8,038 in litter control fees, and $4,019 in compulsory insurance fees. No additional cost is associated with this bill.



Memorandum






    Person submitting Fiscal Note: Rick Johnston
    Email Address: Rick.M.Johnston@wv.gov