FISCAL NOTE
Date Requested: March 25, 2025
Time Requested: 11:56 AM |
| Agency: |
Motor Vehicles, WV Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1788 |
Introduced |
HB3146 |
|
|---|
| CBD Subject: |
Motor Vehicles |
|---|
|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Decreases Existing Revenue, Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to reduce the number of applicants of a military organization for a special plate from 100 to 50, upon receipt of a guarantee from the organization of a minimum of 50 applicants.
Expenses to implement the issuance of a new plate will consist of cash register programming of $1,875 (15 hours x $125 per hour). In addition, registration plates will cost the Division $7.25 per plate. If 50 new plates are issued, plate cost will be $362.50 ( $7.25 plate charge X 50 plates)
In the first year reduced revenue of $3,075 (50 X $61.50 second plate charge) would be generated. The Division estimates this bill might allow more new plates to be issued since the guarantee number of applicants is being lowered.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
2,238 |
363 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
2,238 |
363 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
-3,075 |
-3,075 |
Explanation of above estimates (including long-range effect):
Programming Costs $1,875
Plate Costs (50 X$7.25) $363
Total Costs $2,238
Current Number of Plates Required 100
Plate Charge $61.50
Current Revenue $6,150.00
Proposed Number of Plates Required 50
Plate Charge $61.50
Proposed Revenue $3,075.00
Reduced Revenue $3,075.00
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov