COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 2780-01

Bill No.: Truly Agreed To and Finally Passed SB 798

Subject: Motor Vehicles; Licenses - Motor Vehicle; Revenue Dept.

Type: Original

Date: May 24, 2002




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
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 assume the fiscal impact of this proposal would be minimal.



Officials from the Department of Transportation assume the fiscal impact of this proposal would be minimal.



FISCAL IMPACT - State Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$0 $0 $0



FISCAL IMPACT - Local Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$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 allows U.S. Congressional members to get two sets of specialized license plates. Current law provides only one set of U.S. Congressional 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

















Mickey Wilson, CPA

Acting Director

May 24, 2002