COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4968-01
Bill No.: SB 1253
Subject: Licenses- Motor Vehicle, Motor Vehicles- Revenue Dept.
Type: Original
Date: March 11, 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-Motor Vehicle Bureau (MVB) assume approximately 200 applications will be received for this new special plate. The MVB will use existing resources to implement this proposal. The MVB will also incur costs for policies, procedures, postage, plates and tabs; however, this cost will also be absorbed through existing resources.
| 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 proposal would allow persons to receive "Delta Sigma Theta" or "Omega Psi Phi" Greek
organization license plates after making an annual $25 contribution to those organizations. In
addition to the $25 contribution, the person would pay $15 plus regular registration fees. No
additional fees would be assessed for the personalization of such 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
NOT RESPONDING
Department of Public Safety
Department of Transportation
Mickey Wilson, CPA
Acting Director
March 11, 2002