SB78 (2011) Detail

Relative to motor vehicle registration fees.


SB 78-FN-A-LOCAL – AS AMENDED BY THE HOUSE

27Apr2011… 1519h

2011 SESSION

11-0931

03/10

SENATE BILL 78-FN-A-LOCAL

AN ACT reducing the rate of the road toll.

SPONSORS: Sen. Sanborn, Dist 7; Sen. Bragdon, Dist 11; Sen. Forsythe, Dist 4; Sen. White, Dist 9; Sen. Bradley, Dist 3; Sen. Groen, Dist 6; Sen. De Blois, Dist 18; Rep. T. Keane, Merr 13; Rep. Cohn, Merr 6; Rep. Kreis, Merr 6; Rep. Jennifer Coffey, Merr 6; Rep. Bettencourt, Rock 4

COMMITTEE: Ways and Means

AMENDED ANALYSIS

This bill reduces the rate of the road toll from $.18 per gallon to $.13 per gallon through June 30, 2011.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

27Apr2011… 1519h

11-0931

03/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT reducing the rate of the road toll.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Road Toll; Rate Reduced. For the period beginning on the effective date of this section and ending June 30, 2011, the road toll imposed pursuant to RSA 260:32 shall be $.13 per gallon.

2 Effective Date. This act shall take effect upon its passage.

LBAO

11-0931

01/27/11

SB 78-FN-A-LOCAL - FISCAL NOTE

AN ACT relative to motor vehicle registration fees.

FISCAL IMPACT:

      The Department of Safety states this bill will decrease state highway fund revenue by $6,595,926 in FY 2011, and decrease state highway fund expenditures and local revenue by $791,511 in FY 2012. There will be no fiscal impact on county and local expenditures or county revenues.

METHODOLOGY:

    This bill eliminates the motor vehicle registration fee increases enacted in 2009, effective upon passage of the bill. The Department of Safety notes the fee increases enacted in 2009 are currently set to expire on June 30, 2011 and states the proposed legislation will reduce FY 2011 state highway fund revenue by the amounts associated with the fee increases from the date of passage through June 30, 2011. For the purposes of estimating the fiscal impact of the proposed legislation, the Department assumes the proposed legislation would be passed on May 1, 2011. Based on a FY 2010 monthly revenue average of $3,297,963 attributable to the motor vehicle registration fee, the Department estimates state highway fund revenue would decrease by $6,595,926 ($3,297,963 x 2) in FY 2011. In accordance with RSA 235:23, this would result in a subsequent reduction in state highway fund expenditures and local revenue of $791,511 (12% of $6,595,926) in FY 2012.