FISCAL NOTE

Date Requested: January 26, 2016
Time Requested: 04:42 PM
Agency: Motor Vehicles, Division of
CBD Number: Version: Bill Number: Resolution Number:
1443 Introduced HB4266
CBD Subject: Roads and Transportation


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 create transportation network companies; to provide definitions; to declare not common carriers; to require permits; to require an agent for service of process ; to provide for fare collection, identification, and electronic receipts; to require financial responsibility and disclosure thereof; to allow automobile insurers to exclude certain coverages; to define the relationship between drivers and transportation network companies; to prohibit alcohol or drug use; to provide requirements for drivers; to require vehicle inspections; to prohibit street hails, cash trips and discrimination; to require customer records to be kept and to prohibit local entity taxes or licenses.
    
    The DMV will only be verifying the presence of certain forms and providing a permit to the transportation network companies. This will require no more than one half hour per application. Due to the low volume of transportation network companies it appears that no more than one hour of processing time will be required along with a minimal design for a checklist and official permit. Total cost for design, based on two applications would be approximately $65.
    
    Revenues are estimated to be $2,000.
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2016
Increase/Decrease
(use"-")
2017
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 65 65 65
Personal Services 15 0 0
Current Expenses 100 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 2,000 2,000 2,000


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


    Estimated Cost for Form Design Permit and Checklist - $50



Memorandum


    



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