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


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