Fiscal Note

HB0028 - Honoring Heroes Special Group License Plate

State Impact:
Enactment of this bill will require a one-time appropriation of $8,270 to the Division of Motor Vehicles for set-up and production costs, based on an initial order of 500 sets of 3-color plates. Before the Division may produce additional plates, it must receive a reorder fee. Restricted fund revenue of $17,500 is anticipated, which will be deposited in a new Public Safety Honoring Heroes Restricted Account and appropriated to the Commissioner of Public Safety to be distributed among charitable organizations as defined in the bill.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
General Fund, One-Time$0$8,270$0$0$0$0
General Fund Restricted$0$17,500$17,500$0$17,500$17,500
   Total
$0

$25,770

$17,500

$0

$17,500

$17,500

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.

12/27/2007, 12:50:08 PM, Lead Analyst: Young, T.Office of the Legislative Fiscal Analyst