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 Source | FY 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 |