Fiscal Note
HB0434 - Firefighter Special Group License Plate Amendments
State Impact:
Enactment of this bill will likely result in revenue to the Firefighter Support Restricted Account. The exact amount is unknown, and could range from nothing to $140,000. Those that do not contribute to the Firefighter Support Restricted Account will not be required to pay the $5 plate replacement fee. The number of individuals that will decide to do this is unknown, although dedicated credits for license plate production could decrease by as much as $37,000 and Transportation Fund loss could be as much as $9,000.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Total | $0 | $0 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses or local governments. Individuals wishing to continue to have the Firefighter Special Group License Plate will be required to contribute $15 to the Firefighter Support Restricted Account. Those that do not contribute to the Firefighter Support Restricted Account will be required to change license plates upon renewal.
| 2/18/2008, 11:17:34 AM, Lead Analyst: Young, T. | Office of the Legislative Fiscal Analyst |