Fiscal Note
HB0050 - Firefighter Special Group License Plate Amendments
State Impact:
Enactment of this bill will create the Firefighter Support Restricted Account. The amount of revenue going into the fund depends upon the number of individuals paying at least $15 to support the fund. If 80 percent of the individuals that currently have a firefighter recognition plate decide to participate, revenue to the fund would be $113,000. The costs associated with reordering special group license plates and replacing special group license plates with new license plates will be paid by the Firefighter Support Restricted Account.
Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
General Fund Restricted | $0 | $113,000 | $113,000 | $0 | $113,000 | $113,000 |
Transportation Fund | $0 | $0 | $0 | $0 | $1,900 | $1,900 |
Dedicated Credits | $0 | $0 | $0 | $0 | $7,600 | $7,600 |
Total | $0 | $113,000 | $113,000 | $0 | $122,500 | $122,500 |
Individual, Business and/or Local Impact:
Figherfighters with a recognition plate will now be required to pay $15 in order to continue to have a figherfighter special group plate. Businesses and locals are unaffected.
1/27/2009, 12:57:15 PM, Lead Analyst: Young, T. | Office of the Legislative Fiscal Analyst |