FISCAL NOTE
Date Requested: January 14, 2026
Time Requested: 06:29 PM |
| Agency: |
Motor Vehicles, WV Division of |
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| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1500 |
Introduced |
HB4141 |
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| CBD Subject: |
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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 exempt honorably discharged veterans of any branch of the armed services of the United States from the payment of registration fees under the provisions of this chapter, except for a special initial application fee of $10.
There are approximately 120,000 citizens eligible for this program. The Division estimates that all 120,000 will take advantage of the reduced fee . The veteran plate has a greater cost ($6.05) than the standard class A plate. This would increase the cost of material in the first year by $726,000.00 ($6.05 x 120,000)
Additionally, there would be programming costs for the Cash Register programming of $2,500 (20 hours at $125 per hour).
This produces a total increased cost in the first year of $728,500 ($726,000 + $2,500)
It is estimated that after full implementation there will be an average of 7,200 new plates issued each year at an additional cost of $43,560 (7,200 x $6.05). The total number of veterans has remained consistent over the last several years.
For each new plate issued there will be a $10.00 fee. This will generate $1,200,000 (120,000 plates X $10.00). For every registration, both new and renewed, the Division will not collect $51.50 (registration fee $50, Litter Fee $1, and $0.50 insurance fee). This will result in a loss of revenue of $6,180,000 (120,000 registrations x $51.50). These two items produce a net revenue reduction of $4,980,000 ($1,200,000 - $6,180,000).
After full implementation it is estimated that the Division will issue 7,200 new plates per year for a total revenue of $72,000 (7,200 x $10.00) The Division estimates that the overall number of plates will remain constant producing a reduction of revenue of $6,180,000, as stated above. The net reduction of revenue after full implementation would be $6,108,000 ($72,000 - $6180,000).
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
728,500 |
43,560 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
728,500 |
43,560 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
-4,980,000 |
-6,108,000 |
Explanation of above estimates (including long-range effect):
FY 2027
$2,500 Cash register programming, 20 hours at $125 per hour
2,500 Total Programming
$6.05 Cost of Veterans Plate
120,000 New Plates
$726,000 Total Increase plate cost
728,500 Total Expense
120,000 Honorable discharged veterans
1 Cars per Veteran
120,000 Estimated total vehicles
-51.50 per item revenue reduction
-6,180,000.00 Revenue Reduction
120,000 Estimated total vehicles
$10 Plate fee
$1,200,000 revenue generated
-4,980,000.00 Net revenue change
FULL IMPLEMENTATION
$6.05 Cost of Veterans Plate
7,200 New Plates
$43,560 Total Increase plate cost
43,560 Total Expense
120,000 Honorable discharged veterans
1.0 Cars per Veteran
120,000 estimated total vehicles
-51.50 per item revenue reduction
-6,180,000.00 Revenue Reduction
7,200 Est. of new plates sold annually
$10 Plate fee
$72,000 revenue generated
–6,108,000.00 Net revenue change
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: Doris Dawson
Email Address: doris.j.dawson@wv.gov