Fiscal Note

HB0046 - Motor Vehicle Act Amendments

State Impact:
Enacting this bill will reduce Tax Commission newspaper advertising costs by $40,000 from various sources beginning in FY 2011.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
General Fund$0($16,000)($16,000)$0$0$0
Uniform School Fund$0($17,700)($17,700)$0$0$0
Dedicated Credits$0($2,000)($2,000)$0$0$0
Restricted Funds$0($4,300)($4,300)$0$0$0
   Total
$0

($40,000)

($40,000)

$0

$0

$0

Individual, Business and/or Local Impact:
Individuals and businesses will continue to be subject to the local emissions fee of up to $3. Local governments will continue to collect the emission compliance fee revenue.

12/23/2009, 3:45:03 PM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst