FISCAL NOTE

Date Requested: January 21, 2019
Time Requested: 01:30 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2469 Introduced HB2532
CBD Subject: Agriculture, Motor Vehicles


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 allow persons renewing their driver’s license or vehicle registration to make donations to the West Virginia 4 H foundation, the West Virginia Farm Bureau Foundation, and the West Virginia Future Farmers of America Educational Foundation in increments of $3, $5, or $10.
    
    The Division would incur start-up costs of approximately $7,000 to modify the Cash Register system, approximately $22,000 to modify DMV forms, and $120 to modify third party vendor forms.
    
    Expenses, equaling 5% of revenue received, would be incurred to receive and process the transactions.
    



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 29,120 0 0
Personal Services 0 0 0
Current Expenses 29,120 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


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


    $7,000 Programming Costs
    $22,120 Forms
    



Memorandum


    



    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov