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 |
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|
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