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F I S C A L I M P A C T R E P O R T

SPONSOR:	Gorham		DATE TYPED:	02/05/02		HB
SHORT TITLE:		West Point Graduates’ License Plates				SB	335
					ANALYST:		Woodlee

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY02	FY03	FY02	FY03
NFI	NFI	NFI	NFI	NFI	NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to House Memorial 13 and Senate Memorial 11

SOURCES OF INFORMATION

Taxation and Revenue Department (TRD)

SUMMARY

Synopsis of Bill

Senate Bill 335 directs the Motor Vehicle Division of the Taxation and Revenue Department to issue a special registration plate to any person who has graduated from the United States Military Academy.

Significant Issues

The bill provides that a person who falsely represents themselves as a graduate of the U.S. Military Academy is guilty of a petty misdemeanor. The bill also provides that the department shall charge an additional ten dollars ($10.00) for the special plates, four dollars ($4.00) of which shall be retained by the department to defray the cost of making and issuing the plates. The remaining amount of the fees collected shall be deposited in the Motor Vehicle Suspense Fund.

The department indicates that they anticipate no more than 200 individuals to qualify for the plates immediately and approximately ten new plates to be issued annually. Therefore, there will be minimal impact to the department.

FISCAL IMPLICATIONS

There is no appropriation or significant fiscal implication associated with this bill. The costs for the special registration plates would be covered by the additional fee to be charged.

RELATIONSHIP

Senate Bill 335 relates to House Memorial 13 and Senate Memorial 11, both of which recognize the contributions of the United States Military Academy at West Point, New York.

MW/njw