FISCAL NOTE

Date Requested: February 20, 2015
Time Requested: 02:56 PM
Agency: Motor Vehicles, Division of
CBD Number: Version: Bill Number: Resolution Number:
1150 Introduced HB2863
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.






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 14 0
Personal Services 0 0 0
Current Expenses 0 5 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 9 0
2. Estimated Total Revenues 0 -4 15


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


The purpose of this bill is to permit the Division of Motor Vehicles to issue special "Homeland Security and Emergency Management" registration plates. This bill establishes a one-time fee of $10.00 to cover the cost of issuance of the plate, along with an additional annual fee of $15.00 for each plate upon renewal. The Division has been paying $8.50 for special plates, plus $5.00 for administration costs. The total cost to issue this special plate is $13.50 per plate.



Memorandum






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