Colorado Legislative Council Staff
STATE and LOCAL
FISCAL IMPACT
Drafting Number: Prime Sponsor(s): |
LLS 99-0304 Rep. Tochtrop Sen. Chlouber |
Date: Bill Status: Fiscal Analyst: |
January 14, 1999 House SVMA Scott Nachtrieb (303-866-4752) |
TITLE: CONCERNING THE ISSUANCE OF SPECIAL LICENSE PLATES FOR MOTORCYCLES OWNED BY CERTAIN MILITARY VETERANS.
Fiscal Impact Summary |
FY 1999/2000 |
FY 2000/2001 |
State Revenues Cash Fund |
$4,290 |
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State Expenditures General Fund |
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FTE Position Change |
0.0 FTE |
0.0 FTE |
Other State Impact: TABOR |
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Effective Date: 90 days after adjournment unless a petition is filed |
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Appropriation Summary for FY 1999-2000: None |
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Local Government Impact: HUTF distributions to cities and counties - $2,310 |
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Summary of Legislation
The bill would allow honorably discharged military veterans to purchase special license plates for motorcycles.
State Revenues
It is estimated that approximately 660 military veterans may purchase a specialty motorcycle license plate. If all 660 purchased the special plates for motorcycles, they would pay the required $10 fee for each set of license plates. The Highway Users Tax Fund would receive $6,600 in additional revenues. The State Highway Fund would receive 65 percent of the funds ($4,290).
State Expenditures
The Department of Revenue would incur some minimal administrative expenses that would not require additional appropriations. Those expenditures include 580 hours of computer programming, changes to application forms, and updates to the registration manual.
The Department of Corrections would incur 80 hours of computer reprogramming to print smaller font sizes. Each plate would cost the department approximately 91 cents per plate. These costs would be funded from the existing appropriations and would not require additional funds.
Local Government Impact
Additional revenue to the HUTF is distributed to the cities and counties. Counties would receive 26 percent and cities would receive 9 percent of the additional revenue. The amount of the increase to any city or county would be minimal.
State Appropriations
No additional appropriations would be required.
Departments Contacted
Corrections Revenue