Fiscal Note
SB0100 - Motor Vehicle License and Registration Fees Exemption for Purple Heart License Plates
State Impact:
Enactment of this bill will decrease revenue to the Uniform School Fund, Transportation Fund, and Transportation Fund Restricted accounts by $19,600 beginning in FY 2008.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| Uniform School Fund | $0 | $0 | $0 | $0 | ($2,000) | ($2,000) |
| Transportation Fund | $0 | $0 | $0 | $0 | ($8,800) | ($8,800) |
| Transportation Fund Restricted | $0 | $0 | $0 | $0 | ($8,800) | ($8,800) |
| Total | $0 | $0 | $0 | $0 | ($19,600) | ($19,600) |
Individual, Business and/or Local Impact:
If this bill is enacted, individuals with Purple Heart license plates will no longer pay annual license and registration fees of $24.50 to $34.50, depending on county of residence.
Counties that currently collect the Local Corridor Preservation fee would experience a decrease in revenue equal to about $4,300 annually.
| 1/15/2007, 4:51:56 PM, Lead Analyst: Tennert, J. | Office of the Legislative Fiscal Analyst |