Fiscal Note

HB0140 - Motor Vehicle Registration Fee Amendments

State Impact:
Enactment of this bill increases the registration fees on vehicles by $2 until the end of FY 2012. These fees increase revenue to the Public Safety Restricted Account by $5,240,000 in FY 2010 and $5,351,000 in FY 2011. The bill requires the Legislature to appropriate all proceeds to pay a portion of the costs of employing highway patrol officers.

Funding SourceFY 2009
Approp.
FY 2010
Approp.
FY 2011
Approp.
FY 2009
Revenue
FY 2010
Revenue
FY 2011
Revenue
Transportation Fund Restricted$0$5,240,000$5,351,000$0$5,240,000$5,351,000
   Total
$0

$5,240,000

$5,351,000

$0

$5,240,000

$5,351,000

Individual, Business and/or Local Impact:
Registration fees charged individuals and businesses will increase between $2 each. Local taxing entities are unaffected.

2/24/2009, 4:54:59 PM, Lead Analyst: Young, T.Office of the Legislative Fiscal Analyst