COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0716-01
Bill No.: Perfected SB 185
Subject: Historic Vehicle License plates
Type: Original
Date: February 20, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| General Revenue | $0 | $0 | $0 |
| Highway Funds | ($548) | ($653) | ($653) |
| Total Estimated
Net Effect on All State Funds |
($548) | ($653) | ($653) |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Cities | ($109) | ($130) | ($130) |
| Counties | ($73) | ($87) | ($87) |
| Total Local Government | ($182) | ($217) | ($217) |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Department of Revenue (DOR) said their statistics indicate this proposal would affect the owners of 58 year-of-manufacture license plates by eliminating the $15 personalized plate fee for these plates. The fees are allocated 75% to state highway funds, 15% to cities, and 10% to counties.
Officials from the Department of Transportation said they assume no fiscal impact to their agency.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| Highway funds | |||
| Loss - revenue reduction | ($548) | ($653) | ($653) |
| Total state government | ($548) | ($653) | ($653) |
| FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| Cities | ($109) | ($130) | ($130) |
| Counties | ($73) | ($87) | ($87) |
| Total | ($182) | ($217) | ($217) |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal revises historical motor vehicle license plate law.
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 - Highways
Jeanne Jarrett, CPA
Director February 20, 2001