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.
The purpose of this bill is to permit the Division of Motor Vehicles to issue special registration plates for family members of law enforcement officers who have been killed in the line of duty.
This bill establishes a one time fee of $10.00 to cover the cost of issuance of the plate.
The Division has been paying $8.50 for special plates, plus $5.00 for administration cost. Total cost to issue this special plate is $13.50 per plate.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2014 Increase/Decrease (use"-") |
2015 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
14 |
14 |
14 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
5 |
5 |
5 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
9 |
9 |
9 |
2. Estimated Total Revenues |
-4 |
-4 |
-4 |
Explanation of above estimates (including long-range effect):
Cost to issue each plate
Plate Cost $ 8.50
Administrative Cost $ 5.00
Total Cost Per Plate $ 13.50
Revenue:
$10 Fee Per Plate
Net Revenue Loss will be $3.50 per plate
Memorandum
Person submitting Fiscal Note: Jerry L. Conrad
Email Address: Jerry.L.Conrad@wv.gov