Fiscal Note

HB0119 - Motor Vehicle Impound Amendments

State Impact:
Enactment of this bill will require an appropriation from dedicated credits to the Division of Motor Vehicles of $420,300 in FY 2011 and $558,400 starting in FY 2012. It will require a General Fund appropriations to the Courts of $10,100 in FY 2011 and $13,400 beginning in FY 2012. The bill will generate General Fund revenue of $3,500 in FY 2010 and $4,700 beginning in FY 2012 for a net General Fund cost of $6,600 and $8,700 in FY 2011 and FY 2012 respectively. It will generate dedicated credits equal to the amount needed for appropriation to the Division of Motor Vehicles.

Funding SourceFY 2010
Approp.		FY 2011
Approp.		FY 2012
Approp.		FY 2010
Revenue		FY 2011
Revenue		FY 2012
Revenue
General Fund$0$10,100$13,400$0$3,500$4,700
Dedicated Credits$0$420,300$558,400$0$420,300$558,400
   Total
$0
$430,400
$571,800
$0
$423,800
$563,100

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.

2/9/2010, 8:20:33 AM, Lead Analyst: Syphus, G./Attny: SCHOffice of the Legislative Fiscal Analyst