COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 3146-04
BILL NO.: Perfected SCS for SB 765
SUBJECT: Motor Vehicles; POW/MIA License Plate
TYPE: Original
DATE: February 22, 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
Officials of the Secretary of State assume this proposal would have no fiscal impact to their agencies.
Officials from the Department of Revenue (DOR) have no statistics available on how many individuals in Missouri would apply for the special POW/MIA license plates. For purposes of the fiscal note, assuming 100 applications, the cost to DOR would be approximately $670. This would have a minimal impact on the DOR and could be implemented with existing resources. However, if additional applications were received the DOR would require additional associated costs for the increased applications.
The revenue generated from the additional $15 fee would also have minimal impact based on the number of applications anticipated. If the number of applications increased, revenue would be affected accordingly.
Officials from the Department of Transportation concur with the Department of Revenue's 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 proposal allows individuals to receive a POW/MIA specialized license plate to honor those who were prisoners of war or are now listed as missing in action. The specialized license plate will cost $15 in addition to regular registration fees.
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 Revenue
Department of Transportation
Secretary of State
Jeanne Jarrett, CPA
Director
February 22, 2000