FISCAL NOTE
Date Requested: January 11, 2023
Time Requested: 10:37 PM |
| Agency: |
Motor Vehicles, WV Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1723 |
Introduced |
SB70 |
|
|---|
| CBD Subject: |
Crime |
|---|
|
FUND(S):
Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue, 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 permit special registration plates for certain persons with medical conditions that may cause erratic behavior. It also requires medical certification that person may operate motor vehicle if properly follows dietary restrictions and medical prescriptions.
In West Virginia approximately 12% of the population has diabetes. Applying this percentage to the number of class ‘A’ plates (1,340,00) will give an estimate of 160,800 (1,340,000 x 12%) which would be eligible to use the ‘medical conditions’ registration plate. The Division estimates 1% (or 1,608 (160,800 X 1%)) will adopt the “medical conditions” registration plate.
The bill establishes an initial application fee of $25 which would produce first year revenue of $40,200 ($25 X 1608). The bill also establishes an annual fee of $15 which would produce first year revenue of $24,120 ($15 X 1,608). For a total first year revenue of $64,320 ($40,200 + $24,120).
Similar registration plates cost the Division $7.25 per plate. This is an increase of $4.30 ($7.25 - $2.95) over the Class A plate cost of $2.95. The total first year plate cost would be $6,914 ($4.30 X 1,608). The Division would also incur programming costs for the cash register of $2,300 for a total first year cost of $9,214 ($6,914 + $2,300).
The Division estimates that the total number of medical condition plates will remain consistent in future years with about 5%, or 80 plates, (1608 plates X 5%) of the plates not renewing and the same number of new purchases. Future annual revenue will consist of $2,000 (80 new plates X $25)for initial application fees and $24,120 (1,608 X $15 annual fee) for a total of $26,120 ($2,000,+ $24,120).
The future expense is expected to be $344 ($4.30 X 80) per year.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2023
Increase/Decrease
(use"-") |
2024
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
9,214 |
344 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
9,214 |
344 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
64,320 |
26,120 |
Explanation of above estimates (including long-range effect):
$2,300 Cash register programming, 20 hours at $115 per hour
2,300 Total Programming
$7.25 Cost of medical Condition Plate
$2.95 Cost of class A plate
$4.30 Increased cost per plate
1,608 New Plate
$6,914.40 Total Increase plate cost
9,214 Total Expense
1,340,000 Total Class A plates
12.00% Cars per Veteran
160,800 Estimated total vehicles
1.00% Estimated participation
1,608 Total participants
1,608 Estimated total vehicles
25 Application fee
$40,200 Application fee revenue
$1,608 Estimated total vehicles
$15 Annual fee
$24,120 Annual Fee revenue
$64,320 Total First Year Revenue
$7.25 Cost of Veterans Plate
$2.95 Cost of class A plate
$4.30 Increased cost per plate
80 New Plate
$344.00 Total Increase plate cost
344 Total Expense
1,608 Total Class A plates
0.05 Cars per Veteran
80 Estimated total vehicles
80 Estimated total vehicles
25 Application fee
$2,000 Application fee revenue
$1,608 Estimated total vehicles
$15 Annual fee
$24,120 Annual Fee revenue
$26,120 Total First Year Revenue
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