COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2815-01
Bill No.: SB 745
Subject: Licenses- Motor Vehicle; Revenue Dept.; Veterans.
Type: Original
Date: January 8, 2002
FISCAL SUMMARY
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| 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.
ASSUMPTION
Officials from the Department of Revenue (DOR), Division of Motor Vehicle and Drivers Licensing (MVB) stated they were unable to determine the number of applicants this proposal would generate, however it is estimated that the impact will be minimal based on other military license plate that are currently being offered. This proposal can be implemented using existing resources. The MVB will also incur costs for policies, procedures, postage, plates and tabs; however, this cost will also be absorbed through existing resources.
REVENUE IMPACT
Since the number of applicants is estimated at minimal this will also have minimal revenue impact.
Officials from the Budget and Planning stated this legislative proposal should not result in additional costs or savings to their agency. The proposal would have an increase in total state revenue. They defer to the DOR for revenue estimates.
Officials from the Missouri State Highway Patrol, Department of Public Safety stated this legislative proposal would not have a fiscal impact on their agency.
Officials from the Missouri Veterans Commission stated this legislative proposal would not have an impact on their agency.
| 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 Marines and Navy veterans who have participated in active duty combat action to receive a "Combat Action Ribbon" license plate. There is a $15 fee 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
Budget and Planning
Missouri State Highway Patrol
Department of Public Safety
Missouri Veterans Commission
Mickey Wilson, CPA
Acting Director
January 8, 2002