Bill Text: NH SB493 | 2016 | Regular Session | Introduced


Bill Title: Establishing a low-digit vanity number plate fee and dedicating the revenues collected to bridge aid for municipal bridges.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2016-03-03 - Inexpedient to Legislate, Motion Adopted, Voice Vote === BILL KILLED ===; 03/03/2016; Senate Journal 7 [SB493 Detail]

Download: New_Hampshire-2016-SB493-Introduced.html

SB 493-FN-A - AS INTRODUCED

 

2016 SESSION

16-2950

03/10

 

SENATE BILL 493-FN-A

 

AN ACT establishing a low-digit vanity number plate fee and dedicating the revenues collected to bridge aid for municipal bridges.

 

SPONSORS: Sen. Feltes, Dist 15; Rep. Cushing, Rock. 21

 

COMMITTEE: Transportation

 

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ANALYSIS

 

This bill establishes a low-digit vanity number plate fee and dedicates the revenues collected to bridge aid for municipal bridges.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

16-2950

03/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

AN ACT establishing a low-digit vanity number plate fee and dedicating the revenues collected to bridge aid for municipal bridges.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Paragraph; Registration Fees; Low-Digit Vanity Number Plate Fee.  Amend RSA 261:141 by inserting after paragraph X the following new paragraph:

XI.(a)  An owner who has been furnished with a number plate having a number from 0 to 99,999 with no letters or other characters shall pay an annual low-digit vanity number plate fee, in addition to any other applicable registration fee.  The amount of the low-digit vanity number plate fee shall be as follows:

Plate number Annual fee

0-99 $250

100-999 $200

1,000-9,999 $150

10,000-99,999 $100

(b)  Expenditure of revenues collected from low-digit vanity number plate fees shall be for the purpose of state bridge aid for municipal bridges under RSA 234.

2  Effective Date.  This act shall take effect July 1, 2016.

 

LBAO

16-2950

1/5/16

 

SB 493-FN-A- FISCAL NOTE

 

AN ACT establishing a low-digit vanity number plate fee and dedicating the revenues collected to bridge aid for municipal bridges.

 

 

FISCAL IMPACT:

The Department of Safety states this bill, as introduced, will increase state restricted revenue, state restricted expenditures, local revenue and local expenditures by an indeterminable amount in FY 2017 and each year thereafter.  There will be no impact on county revenue or expenditures.

 

METHODOLOGY:

The Department of Safety states this bill establishes a low-digit vanity number plate fee with revenue raised restricted for the state aid bridge program under RSA 234.  The Department states this bill would assess an annual fee on registrants with a number plate (no letters or other characters) between 0 and 99,999 and is unable to determine a precise revenue impact, as it cannot predict how many individuals may surrender their low-digit plate number.  However, for informational purposes, the Department has provided the following incorporating current registration data and an estimated retention rate, with the fees set forth in this bill:

 

Plate Number

Current Number of Plates

Annual Fee

Plate Retention Rate

Total

0 - 99

92

$250

30%

$6,900

100 - 999

865

$200

25%

$43,250

1,000 - 9,999

7,014

$150

10%

$105,210

10,000 - 99,999

17,708

$100

5%

$88,540

Total

$243,900

 

The Department states implementing this bill will require $99,000 in one-time system programming costs.  Also, the Department states to the extent this bill generates revenue for the state aid bridge program, state expenditures, local revenues, and local expenditures could all increase.

 

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