Supplement: WV HB2032 | 2021 | Regular Session | Motor Vehicles, WV Division of

For additional supplements on West Virginia HB2032 please see the Bill Drafting List
Bill Title: Issuing specialty motor vehicle registration plates for businesses owning a fleet of 25 or more vehicles

Status: 2021-02-10 - To House Technology and Infrastructure [HB2032 Detail]

Download: West_Virginia-2021-HB2032-Motor_Vehicles_WV_Division_of.html

FISCAL NOTE

Date Requested: February 10, 2021
Time Requested: 04:05 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
1327 Introduced HB2032
CBD Subject:


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Revenue, Creates New Expense



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    The purpose of this bill is to authorize the Division of Motor Vehicles to issue custom license plates bearing the logo of a business that registers a fleet of 25 or more vehicles.
    
    The bill establishes the criteria for each business who would like to have a custom license plate must submit applications for at least twenty-five (25) registration plates. This fiscal note assumes one business will submit the minimum twenty-five (25) applications.
    
    The Division estimates it will cost $5,750 (50 hrs. x $115/hr.) for programming the cash register, and $3,600 (40 hrs. x $90/hr.) for mainframe programming. Registration plates of this nature cost approximately $7 per plate. Based upon one company submitting the minimum required applications, total cost of registration plates would be $175 (25 x $7). Total Current expense would be $9,525 ($3,600 + $5,750 + $175).
    
    The Division will need one additional employee to manage the program. The market rate salary for a CSR position is $35,371 per year. Benefits will be approximately 50% of salary which is $17,686 ($35,371 X 50%). Total personal services of $53,057 ($35,371+$17,686).
    
    The Bill establishes a one-time fee of $75 per plate for a total initial application fee of $1,875 ($75 x 25). The bill also establishes an annual fee of $25 per plate for a total annual fee of $625 ($25 x 25). Total revenue generated first year would be $2,500 ($1,875 + $625).
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2021
Increase/Decrease
(use"-")
2022
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 62,582 53,057
Personal Services 0 53,057 53,057
Current Expenses 0 9,525 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 2,500 625


Explanation of above estimates (including long-range effect):


    Personnel Services
    $35,371 Salary
    $17,686 Benefits
    $53,057 Total Personnel Services
    
    Programming Cost
    $3,600 Mainframe, per applicant
    $5,750 Cash Register, per applicant
    $175 New Registration Plate, per applicant
    
    $9,525 Total Cost
    
    Revenue
    $1,875 One-time fee
    $625 Annual fee
    
    $2,500 Total First Year Revenue, per applicant
    



Memorandum


    



    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov