FISCAL NOTE
Date Requested: March 04, 2016
Time Requested: 11:34 AM |
| Agency: |
State Police, West Virginia |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2892 |
Introduced |
HB4662 |
|
|---|
| CBD Subject: |
Motor Vehicles, Public Safety |
|---|
|
FUND(S):
6501
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.
This piece of legislation would increase the charge of motor vehicle inspection (MVI) stickers by the State Police from $1 per sticker to $3 with the increased proceeds being used for the purchase of vehicles and related equipment.
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 |
0 |
3,200,000 |
3,200,000 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
100,000 |
100,000 |
| Repairs and Alterations |
0 |
100,000 |
100,000 |
| Assets |
0 |
3,000,000 |
3,000,000 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
3,200,000 |
3,200,000 |
Explanation of above estimates (including long-range effect):
The West Virginia State Police collects an average of $1,600,000 annually from the sale of MVI Stickers which are sold for $1 each. The increase in sticker price provided by this legislation will generate approximately $3,200,000 in additional revenue which will allow the West Virginia State Police to acquire and maintain a roadworthy fleet.
Memorandum
An indirect fiscal effect of this piece of legislation would be the ability to eliminate the General Revenue Vehicle Appropriation for the West Virginia State Police (0453-45100). For FY2017 the Governor’s recommended appropriation is $420,751 but typically the appropriation is $1,500,000 to $2,000,000.
Person submitting Fiscal Note: Connie E Gundy
Email Address: connie.e.gundy@wvsp.gov