COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 2547-01
BILL NO.: SB 647
SUBJECT: Retired Military - License Plates Fee
TYPE: Original
DATE: January 5, 2000
FISCAL SUMMARY
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
ASSUMPTION
The Department of Revenue (DOR) assumes this proposal eliminates the additional fee for special plates issued to retired military personnel.
The DOR currently has issued 46 personalized retired military plates. Based on the current issue of retired military plates the DOR estimates this proposal would have minimal administrative impact and minimal revenue loss. However, there are approximately 30,000 retired military persons in Missouri that could qualify for this plate and if a significant number of retired military apply for this plate there would be administrative impact to the DOR to produce more sets of license plates.
The Department of Transportation (DOT) concurs with the Department of Revenues response to this proposal.
FISCAL IMPACT - State Government FY 2001 FY 2002 FY 2003
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 2001 FY 2002 FY 2003
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This act exempts retired members of the United States Army, Navy, Air Force, Marines, or Coast Guard from paying the personalized license plate fee when purchasing "RETIRED MILITARY" license plates.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Transportation
Department of Revenue
Jeanne Jarrett, CPA
Director
January 5, 2000