Fiscal Note
HB0011 - Licensing of Elevator Contractors and Elevator Mechanics
State Impact:
This bill adds elevator contractors and mechanics to the professions licensed by the Department of Commerce. Assuming there are 10 elevator contractors and approximately 230 elevator mechanics, licensing revenue the first year of $27,600 is expected; in FY 2012, the revenue would be approximately $2,700. Initial start-up costs for the Department are estimated at $15,000, with $4,400 as the ongoing costs. Commerce Service Fund spending affects the annual transfer to the General Fund.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| General Fund | $0 | $0 | $0 | $0 | $12,600 | ($1,700) |
| General Fund, One-Time | $0 | $0 | $0 | $0 | $0 | $0 |
| Commerce Service Fund | $0 | $4,400 | $4,400 | $0 | $4,400 | $2,700 |
| Commerce Service, One-time | $0 | $10,600 | $0 | $0 | $10,600 | $0 |
| Total | $0 | $15,000 | $4,400 | $0 | $27,600 | $1,000 |
Individual, Business and/or Local Impact:
Individuals and businesses licensed would pay the cost of the licensing and required continuing education.
| 12/28/2009, 10:34:02 AM, Lead Analyst: Pratt, S./Attny: JLW | Office of the Legislative Fiscal Analyst |