FISCAL NOTE
Date Requested: January 12, 2022
Time Requested: 04:55 PM |
| Agency: |
Motor Vehicles, WV Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1356 |
Introduced |
SB162 |
|
|---|
| CBD Subject: |
|
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|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Expense, 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 allow people with disabilities to request a wallet-sized disability placard instead of one that hangs from a vehicle's rearview mirror.
The Division Estimates it will need 200,000 dashboard cards at a cost of $56,000. Additionally, the Division will need new forms listing the dashboard card as an option. These forms will cost $575.
In future years the Division estimates, on an annual basis, it will need 40,000 dashboard cards at a cost of $0.28 per card instead of 40,000 windshield placards at a cost of $0.24 per card. This produces an annualized cost of $1,600.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2022
Increase/Decrease
(use"-") |
2023
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
56,575 |
1,600 |
| 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):
200,000 Dashboard Cards
$0.28 Per Card
$56,000
$575 Forms
$56,575
40,000 Annualized Usage
$0.04 Price Difference
$1,600 Annualized Future Cost
Memorandum
Person submitting Fiscal Note: Raeann Kriner
Email Address: raeann.k.kriner@wv.gov