FISCAL NOTE
Date Requested: March 18, 2025
Time Requested: 02:08 PM |
| Agency: |
Motor Vehicles, WV Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3940 |
Introduced |
HB2019 |
|
|---|
| CBD Subject: |
Military and Veterans |
|---|
|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Increases Revenue From Existing Sources, Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to eliminate the $10 application fee for special license plates issued to honorably discharged members of the military.
The Division estimates it will take 72 hours of programming on the cash register system at a rate of $125 per hour. Total current expense of $9,000 (72 hrs. X $125/hr.)
The Division estimates that there are approximately 1,900 applications for military plates for honorably discharged per year. This would lead to a $19,000(1,900 X $10) reduction of revenue.
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 |
9,000 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
9,000 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
-19,000 |
-19,000 |
Explanation of above estimates (including long-range effect):
FY26
$9,000 Cash Register Programming
$9,000 Total Current Expense
1,900 Estimated New Military Plates Per Year
$10 Application Fee
$19,000 Total Revenue Reduction
Upon Full Implementation
1,900 Estimated New Military Plates Per Year
$10 Application Fee
$19,000 Total Revenue Reduction
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: Lisa Nomar
Email Address: lisa.d.nomar@wv.gov