COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 3160-03
Bill No.: Truly Agreed To and Finally Passed HCS for SCS for SB 737
Subject: Licenses- Motor Vehicle, Motor Vehicles
Type: Original
Date: May 20, 2002
FISCAL SUMMARY
| FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
| Highway Funds | $7,035 | $8,438 | $8,438 |
| Total Estimated
Net Effect on All State Funds |
$7,035 | $8,438 | $8,438 |
| 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 |
| Cities | $1,407 | $1,687 | $1,687 |
| Counties | $938 | $1,125 | $1,125 |
| Local Government | $2,345 | $2,812 | $2,812 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Department of Revenue (DOR)-Motor Vehicle Bureau (MVB) assume there are approximately 15,000 families in Missouri who would be eligible for the 4-H license plate. It is assumed that 5% of this membership will apply for the new plate type. The Motor Vehicle Bureau would require 1 Clerk Typist II for 60 hours of overtime to process these new types of plates. The MVB would also incur costs for policies, procedures and postage in amount of $2,244 and $2,820 for plates and tabs.
Oversight assumes these special license plates will replace standard license plates on vehicles owned by eligible persons and that any additional costs to DOR will be minimal and can be absorbed from existing resources.
Revenue Impact:
FY03
15,000 x 5% = 750 x $15 = $11,250/12 x 10 = $9,380 x 75% = $7,035 Highway
x 15% = $1,407 Cities
x 10% = $ 938 Counties
FY04 & FY05
$11,250 x 75% = $8,438 Highway
x 15% = $1,687 Cities
x 10% = $1,125 Counties
Officials from the Department of Transportation concur with Department of Revenue's response to this legislation.
| FISCAL IMPACT - State Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
| HIGHWAY FUNDS | |||
| Income- Department of Revenue | |||
| Special plate fees | $7,035 | $8,438 | $8,438 |
| Total | $7,035 | $8,438 | $8,438 |
| NET ESTIMATED EFFECT ON HIGHWAY FUNDS |
$7,035 |
$8,438 |
$8,438 |
| FISCAL IMPACT - Local Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
| LOCAL GOVERNMENT FUNDS | |||
| Income- Cities | |||
| Special plate fees | $1,407 | $1,687 | $1,687 |
| Total | $1,407 | $1,687 | $1,687 |
| Income- Counties | |||
| Special plate fees | $938 | $1,125 | $1,125 |
| Total | $938 | $1,125 | $1,125 |
| NET ESTIMATED EFFECT ON LOCAL GOVERNMENT |
$2,345 |
$2,812 |
$2,812 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal would allow members, former member and parents of 4-H members to obtain a special license plate that would bear the emblem of 4-H and the words "Missouri 4-H" in place of "Show-Me State". The fee for this proposed plate would be $15.
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 20, 2002