FISCAL NOTE
Date Requested: February 12, 2025
Time Requested: 08:07 PM |
| Agency: |
Motor Vehicles, WV Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2163 |
Introduced |
HB2137 |
|
|---|
| 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 create a special license plate for 100% disabled veterans.
The Division estimates that programming costs for the cash register of $3,125(25 hrs X $125/hr.). The average cost of similar plates is $7.55. Assuming the Division has 100 plates made the cost would be $755 ($7.55 X 100). Total Current expense in the first year would be $3,880 ($3,125+$755).
The bill establishes a $10 initial application fee, a $15 annual fee, as well as all other fees required by §17A-3-14. However, no revenue is included in this note because the Division already has a special plate for 100% disabled veterans established by §17A-3-14(D)(a). As the existing plate has fewer fees associated with it, it is not anticipated that veterans will purchase the more expensive plate.
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 |
3,880 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
3,880 |
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):
$3,125 Cash Register
$7.55 100% Disabled Plate
100 Plates
$755 Total Plate Cost
$3,880 Total Cost
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