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 Source | FY 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 |