Colorado Legislative Council Staff

STATE and LOCAL

FISCAL IMPACT

Drafting Number:

Prime Sponsor(s):

LLS 99-0694

Sen. Tebedo

Rep. Sinclair

Date:

Bill Status:

Fiscal Analyst:

January 27, 1999

Senate Transportation

Scott Nachtrieb (303-866-4752)

 

TITLE:            CONCERNING AN INCREASE IN THE WEIGHT LIMITATION FOR SPECIAL LICENSE PLATES FOR CERTAIN VEHICLES.



Fiscal Impact Summary

FY 1999/2000

FY 2000/2001

State Revenues

Cash Fund


$815


$815

State Expenditures

Cash Fund

 

 

FTE Position Change

0.0 FTE

0.0 FTE

Other State Impact: TABOR

Effective Date: Upon the Governor's signature

Appropriation Summary for FY 1999-2000: None

Local Government Impact: Additional HUTF distributions



Summary of Legislation


            The bill would increase the number of motor vehicles that would be eligible to display certain radio call letters issued by the Federal Communications Commission on special license plates.



State Revenues


            The bill would increase the number of vehicles that would pay an additional five dollar special license plate fee. There are 3,253 vehicles with this license plate now. It is assumed that there would be a five percent increase in the number of vehicles that would receive these plates or 163 additional plates. The total revenue generated from this bill is estimated to be $815. Sixty-five percent of this amount would go to the State Highway Fund.





Local Government Impact


            The Highway Users Tax Fund distribution formula would provide that twenty-six percent of the revenue would be distributed to counties and nine percent would be distributed to cities.



Departments Contacted

 

Revenue