LEGISLATIVE FISCAL ESTIMATE TO


[First Reprint]

SENATE, No. 614


STATE OF NEW JERSEY


DATED: May 15, 1996


 

      Senate Bill No. 614(1R) of 1996 permits the Director of the Division of Motor Vehicles (DMV) to issue special license plates in support of education. 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 prescribed by law. After reimbursing DMV for expenses associated with plate issuance, the remaining application and renewal fee revenues would be deposited in a special fund and used in accordance with a plan, developed by a county superintendent of schools, to support telecommunications infrastructure and information technologies in the schools within the respective county.

      In previous estimates by DMV to similar bills authorizing new, 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 from application and renewal fees.

      The Office of Legislative Services concurs with the previously estimated DMV costs.

      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.