FISCAL NOTE
Date Requested: January 24, 2019 Time Requested: 01:32 PM |
Agency: |
Motor Vehicles, WV Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2175 |
Introduced |
HB2657 |
|
CBD Subject: |
Motor Vehicles |
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|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to provide for registration and use of military surplus vehicles.
This bill establishes a one time fee of $30 and eliminates an annual registration fee of $50.
Initial expenses will consist of mainframe and cash register programming of $6,597. The average cost to manufacture a registration plate is $6.80.
The Division does not have any data on the number of military surplus vehicles. Therefore, the numbers above represent the registration of a single vehicle in the first year and none thereafter.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2019 Increase/Decrease (use"-") |
2020 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
6,597 |
0 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
0 |
6,597 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
0 |
-20 |
-50 |
Explanation of above estimates (including long-range effect):
Programming Costs
$3,600 Mainframe
$2,990 Cash Register
Per Transaction Costs
$6.80 Plate
$6.80 Sub Total
$6,596.80 Total
Revenue
$30.00 One Time Registration Fee
-$50.00 Annual Registration Fee
-$20.00 Total
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov