Colorado Legislative Council Staff
STATE
FISCAL IMPACT
Drafting Number: Prime Sponsor(s): |
LLS 99-0216 Rep. McElhany |
Date: Bill Status: Fiscal Analyst: |
January 8, 1999 House Transportation Scott Nachtrieb (303-866-4752) |
TITLE: CONCERNING COLLECTION OF VOLUNTARY SPECIAL DUES FOR UNITED STATES OLYMPIC LICENSE PLATES.
Fiscal Impact Summary |
FY 1999/2000 |
FY 2000/2001 |
State Revenues Cash Fund |
$115,600 |
|
State Expenditures Cash Fund |
$115,600 |
|
FTE Position Change |
0.0 FTE |
0.0 FTE |
Other State Impact: TABOR |
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Effective Date: July 1, 1996 |
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Appropriation Summary for FY 1999-2000: Department of Revenue - $115,600 CF |
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Local Government Impact: None |
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Summary of Legislation
Current law allows a special Olympic motor vehicle license plate. The program requires the Olympic Committee to collect the special dues that are required before the plate can be issued. This bill would require the state to collect the special dues and transfer the moneys to the Olympic Committee.
State Revenues
The bill would allow the costs of collecting this special Olympic dues to be paid from the special fee collected. This would generate $115,600 in cash funds, which would cover the estimated amount of expenditure the Department of Revenue (DOR) anticipates the computer programming to cost.
State Expenditures
The state would have to modify the motor vehicle registration programming system to record and account for this new special fee. There are approximately 27 computer programs that relate information between the counties and the DOR. These programs would have to be modified to allow for a new fee, accounting system for the new fee, allow for and calculate renewal fees, and modify online calculation routines for the new fees. This is estimated to require 1,700 hours of computer programming at $68 an hour. The total estimated cost would be $115,600 (1,700 X $68).
State Appropriations
This fiscal note implies that for FY 1999-00, the Department of Revenue would require a one-time appropriation of cash funds for $115,600 to implement this bill.
Departments Contacted
Revenue