Fiscal Note

HB0062 - Clean Fuel Special Group License Plate Amendments

State Impact:
Enactment of this bill will change the eligibility requirement for a clean fuel special group license plate from the standards set forth for a clean special fuel tax certificate to standards established by the Department of Transportation. Approximately 1,000 owners will be required to buy new plates at $5 per plate. Of the amount they pay, $1 will be deposited into the Transportation Fund and $4 into the Reflectorized Plate Fee dedicated credit account to cover the cost of replacement.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
Transportation Fund, One-time$0$0$0$0$1,000$0
Dedicated Credits$0$4,000$0$0$4,000$0
   Total
$0

$4,000

$0

$0

$5,000

$0

Individual, Business and/or Local Impact:
Approximately 1,000 vehicles issued a special fuel tax certificate will not be eligible under the new federal regulations. Owners of such vehicles would be required to pay the replacement plate fee ($5).

12/27/2007, 12:38:40 PM, Lead Analyst: Young, T.Office of the Legislative Fiscal Analyst