 | Fiscal NoteS.B. 216 2nd Sub. (Salmon) 2023 General Session Vehicle Value Protection Agreements by Harper, W (Harper, Wayne.) |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(36,700) | $8,000 | $(28,700) |
| Revenues | FY 2023 | FY 2024 | FY 2025 |
| General Fund | $0 | $(36,700) | $(36,700) |
| General Fund, One-time | $0 | $8,000 | $0 |
| Commerce Service Fund | $0 | $36,700 | $36,700 |
| Commerce Service Fund, One-time | $0 | $(8,000) | $0 |
| Consumer Protection Education & Training Fund | $0 | $5,000 | $5,000 |
| Total Revenues | $0 | $5,000 | $5,000 |
Enactment of this legislation could increase Consumer Protection Education and Training Fund revenue by $5,000 ongoing in FY 2024 for citations on violations of vehicle value protection agreements. Enactment of this bill could reduce year-end transfers to the General Fund from the Commerce Service Account by $28,700 one-time in FY 2024 and by $36,700 ongoing in FY 2025.
| Expenditures | FY 2023 | FY 2024 | FY 2025 |
| Commerce Service Fund | $0 | $36,700 | $36,700 |
| Commerce Service Fund, One-time | $0 | $(8,000) | $0 |
| Total Expenditures | $0 | $28,700 | $36,700 |
Enactment of this bill could cost the Department of Commerce $28,700 one-time in FY 2024 and $36,700 ongoing in FY 2025 from the Commerce Service Account for investigations. Spending from the Commerce Service Account impacts year-end transfers to the General Fund.
| FY 2023 | FY 2024 | FY 2025 | |
| Net All Funds (rev-exp) | $0 | $(23,700) | $(31,700) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation could result in 10 citations annually at $500 each for a total of $5,000.