FISCAL NOTE

Date Requested: February 09, 2018
Time Requested: 12:58 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2483 Introduced HB4487
CBD Subject: Motor Vehicles


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Increases Revenue From Existing Sources, 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 provide a special license plate for pollinators. The bill also sets a fee. This bill establishes an annual application fee of $10, and an additional annual fee of $15. The annual fee of $15 is designated to go to the Department of Agriculture and is therefore not included in this fiscal note. Expenses will consist of mainframe and cash register programming costs of $5050. The average cost of similar registration plates is $6.80.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2018
Increase/Decrease
(use"-")
2019
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 5,057 0
Personal Services 0 0 0
Current Expenses 0 5,057 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 10 10


Explanation of above estimates (including long-range effect):


Year of Implementation Costs Programming Cost $5,050.00 Per Transaction Cost Plate $6.80 Total $5,056.80 Annual Revenue $10.00



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