FISCAL NOTE

Date Requested: January 24, 2019
Time Requested: 01:32 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2175 Introduced HB2657
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 provide for registration and use of military surplus vehicles. This bill establishes a one time fee of $30 and eliminates an annual registration fee of $50. Initial expenses will consist of mainframe and cash register programming of $6,597. The average cost to manufacture a registration plate is $6.80. The Division does not have any data on the number of military surplus vehicles. Therefore, the numbers above represent the registration of a single vehicle in the first year and none thereafter.



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 0 6,597 0
Personal Services 0 0 0
Current Expenses 0 6,597 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 -20 -50


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


Programming Costs $3,600 Mainframe $2,990 Cash Register Per Transaction Costs $6.80 Plate $6.80 Sub Total $6,596.80 Total Revenue $30.00 One Time Registration Fee -$50.00 Annual Registration Fee -$20.00 Total



Memorandum






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