FISCAL NOTE

Date Requested: February 13, 2019
Time Requested: 12:17 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
3221 Introduced SB596
CBD Subject: 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 adjust the suggested voluntary contribution amounts on certain DMV forms to benefit veterans. The Division would incur start-up costs of approximately $4,140 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. This would include credit/debit card fees.



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 26,260 0 0
Personal Services 0 0 0
Current Expenses 26,260 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):


$ 4,140 Programming Costs $22,120 Forms $26,260 Total



Memorandum






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