Fiscal Note

HB0334 - Mechanical Contractor Licensing Provisions

State Impact:
To comply with the provisions of this bill, it is estimated that the Department of Commerce would need 1.5 FTEs with related expenses at an annual costs of $166,400 ($43,200 one-time) beginning in FY 2012. License fees will generate revenue of $928,400 in FY 2012 and $478,800 in even-numbered years thereafter. Commerce Service Fund revenue and expenditures affect the annual transfer to the General Fund.

Funding SourceFY 2010
Approp.		FY 2011
Approp.		FY 2012
Approp.		FY 2010
Revenue		FY 2011
Revenue		FY 2012
Revenue
General Fund, One-Time$0$0$0$0($3,600)$762,000
Commerce Service Fund$0$3,600$123,200$0$0$166,400
Commerce Service, One-time$0$0$43,200$0$0$0
   Total
$0
$3,600
$166,400
$0
($3,600)
$928,400

Individual, Business and/or Local Impact:
Local governments may be impacted due to this legislation. Individuals and businesses will be impacted by licensing costs associated with the implementation of this bill.

2/25/2010, 10:51:37 AM, Lead Analyst: Pratt, S./Attny: RHROffice of the Legislative Fiscal Analyst