COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 0306-05

Bill No.: Truly Agreed to and Finally Passed SCS for SB 13

Subject: Licenses - Motor Vehicle; Revenue Department; Veterans

Type: Original

Date: May 4, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None $0 $0 $0
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None $0 $0 $0
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.

















FISCAL ANALYSIS



ASSUMPTION



Officials from the Department of Revenue (DOR stated there were only a small number of personalized retired military plates issued. Based on the current issue of plates DOR estimates this proposal would have minimal fiscal impact and minimal revenue loss.



Officials from the Department of Public Safety - Veteran's Commission, in response to a previous version of this proposal, stated the proposal would have no impact on that agency.



FISCAL IMPACT - State Government FY 2002

(10 Mo.)

FY 2003 FY 2004
None $0 $0 $0



FISCAL IMPACT - Local Government FY 2002

(10 Mo.)

FY 2003 FY 2004
None $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 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 Revenue

Department of Public Safety - Veteran's Commission





Jeanne Jarrett, CPA

Director

May 4, 2001