FISCAL NOTE
Date Requested: February 08, 2022
Time Requested: 08:32 AM |
| Agency: |
Secretary of State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2292 |
Introduced |
HB4450 |
|
|---|
| CBD Subject: |
Motor Vehicles |
|---|
|
FUND(S):
Motor Voter Registration Fund
Sources of Revenue:
Special Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The revenue loss to the agency from the elimination of the $0.50 elections fee attached to every drivers license would be offset from existing revenues for other special revenue from business services within the WVSOS administration. The original purpose of the fund's expenditures has diminished with the implementation of an electronic transfer of records between the DMV, WVSOS and county clerks.
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 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
-125,000 |
-125,000 |
Explanation of above estimates (including long-range effect):
Pre Covid revenue in FY19 to fund 1606 was $123,726.50. The expenses from 1606 will be allocated from business service special revenue in fund 1617 - General Administration Fees Fund.
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: Chuck Flannery
Email Address: cflannery@wvsos.gov