LEGISLATIVE FISCAL ESTIMATE TO


[First Reprint]

ASSEMBLY, No. 926


STATE OF NEW JERSEY

 

DATED: JUNE 20, 1996

 

 

      Assembly Bill No. 926(1R) of 1996 permits the Director of the Division of Motor Vehicles (DMV) to issue special shade tree and community forest preservation license plates. The director would be authorized to charge an initial application fee of $50 and a $10 renewal fee which shall be in addition to all fees otherwise required by law. After reimbursing DMV for expenses associated with plate issuance, the remaining application and renewal fees are to be deposited into a non-lapsing "Shade Tree and Community Forest Preservation License Plate Fund" which is to be administered by the Division of Parks and Forestry in the Department of Environmental Protection for the support and funding of projects and programs concerned with shade tree and community forest preservation.

      In estimates for previous bills authorizing the issuance of special license plates, DMV estimated total fixed costs to be about $41,000, for reprogramming agency and revenue automated systems, and for one-time die costs. Variable costs would be about $8 for the issuance of each set of special plates. However, since DMV is generally unable to estimate public interest in new, special license plates, it does not project revenues.

      The Office of Legislative Services (OLS) concurs with previous DMV cost estimates for the issuance of new, special license plates. However, as a possible reference range for potential revenues, OLS would note that DMV has estimated that FY 1996 revenues from special plates for animal welfare would provide about $433,000, plates for wildlife conservation would provide about $236,000, and plates for shore conservation would provide about $899,000.

      The legislative fiscal estimate has been produced by the Office of Legislative Services due to the failure of the Executive Branch to respond to our request for a fiscal note.

 

This fiscal estimate has been prepared pursuant to P.L.1980, c.67.