Fiscal Note

SB1003 - Disposition of Registration Fee Revenues

State Impact:
Enactment of this bill enables the tiered commercial motor vehicle fee increase of $0.50 to flow to the Transportation Investment Fund of 2005 instead of to the Transportation Fund. The expected revenue from this registration fee is $602,700 in FY 2010 and $602,700 in FY 2011.

Funding SourceFY 2009
Approp.
FY 2010
Approp.
FY 2011
Approp.
FY 2009
Revenue
FY 2010
Revenue
FY 2011
Revenue
Transportation Fund$0$0$0$0($602,700)($602,700)
Transportation Fund Restricted$0$0$0$0$602,700$602,700
   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 individuals, businesses, or local governments.

5/20/2009, 10:38:24 AM, Lead Analyst: Young, T.Office of the Legislative Fiscal Analyst