FISCAL NOTE
Date Requested: March 27, 2017 Time Requested: 10:38 AM |
Agency: |
Motor Vehicles, WV Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1324 |
Comm. Sub. |
HB2180 |
|
CBD Subject: |
Motor Vehicles |
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|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to authorize the issuance of special “In God We Trust” motor vehicle registration plates.
The Material cost for this license plate is $4.15 with a processing cost or administrative cost of $5 per plate. There is a one-time fee of $10.00 per plate.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2017 Increase/Decrease (use"-") |
2018 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
9 |
9 |
9 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
0 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
10 |
10 |
0 |
Explanation of above estimates (including long-range effect):
$ 4.15 Cost Per Plate
$ 5.00 Administrative Cost
$ 9.15 Total Cost
Revenue
$ 10.00 Initial One-Time Cost
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov