FISCAL NOTE

Date Requested: January 29, 2015
Time Requested: 12:03 PM
Agency: Highways, Division of
CBD Number: Version: Bill Number: Resolution Number:
2576 Introduced SB356
CBD Subject: Motor Vehicles


FUND(S):

Road Fund

Sources of Revenue:

General 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 provide a motorcycle helmet exemption to motorcyclists who meet certain safety and health insurance requirements. The bill also increases the motorcycle safety awareness fee from $6.50 to $10 to provide additional funding for motorcycle training programs. Increasing this fee will increase revenue deposited into the State Road Fund account by 245.150.50.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2015
Increase/Decrease
(use"-")
2016
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 245,151 245,151 245,151


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


Estimated Revenue: Motorcycle Registrations $ 70,043 Motorcycle Safety Awareness Fee Increase (from $6.50 to $10.00) $ 3.50 Estimated Revenue Increase $245,150.50



Memorandum






    Person submitting Fiscal Note: Jerry L. Conrad
    Email Address: jerry.l.conrad@wv.gov