COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 0329-01

Bill No.: Perfected SB 142

Subject: Motor Vehicles; Licenses - Motor Vehicle; Veterans; Military Affairs

Type: Original

Date: February 13, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
General revenue $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
$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 2 pages.









FISCAL ANALYSIS



ASSUMPTION



Officials from the Department of Transportation assume the proposal would not administratively or fiscally impact their agency.



Officials from the Department of Revenue assume the proposal would not administratively or fiscally impact their 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 raises, to 18,000 pounds, the maximum GVW limit for owners of commercial vehicles to apply for Korean War Veteran 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 Transportation



Jeanne Jarrett, CPA

Director

February 13, 2001