LEGISLATIVE FISCAL ESTIMATE TO

[First Reprint]

SENATE, No. 727

STATE OF NEW JERSEY

DATED: APRIL 2, 1997

      Senate Bill No. 727 (1R) of 1996 permits the Director of the Division of Motor Vehicles (DMV) to issue special "Conquer Cancer" 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. The fees collected from the issuance of these special plates would be deposited in the Cancer Research Fund, established pursuant to section 5 of P.L.1982, c.40 (C.54:40A-37.1). After reimbursing the DMV and the Department of Health for expenses associated with plate issuance, the monies remaining in the fund would be used for approved research projects as defined in section 3 of P.L.1983, c.6 (C.52:9U-3).

      The Office of Legislative Services (OLS) cannot determine how many individuals would be interested in obtaining these special license plates, and, therefore cannot estimate the revenue that would be generated. However, as a possible reference range for potential revenues, OLS notes that DMV estimated that FY 1997 revenues from special plates for animal welfare would provide about $350,000, plates for wildlife conservation would provide about $180,000, and plates for shore protection would provide about $630,000.

This 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.