Radioactive materials transportation.

05LSO-0317.L2

                                                         

FISCAL NOTE

 

 

	FY 2006	FY 2007	FY 2008
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
SPECIAL REVENUE FUND – Homeland Security	607,500	607,500	607,500

 

Source of revenue increase:

Radioactive materials transportation fee

 

Assumptions:

1)  Fee increased from $200 per package to $1,500 per shipment.

2)  A radioactive package equals a radioactive shipment.

3)  The average number of packages between FY2001 and FY2004 of 405 packages was used for the basis of these estimates.

4)  The term "shipment" has yet to be defined.  The analysis assumes a one to one correlation of "packages" to "shipments."  The relationship could be as high as one to seven, which would result in approximately $87,000 in revenue rather than $607,500.

 

Anticipated Revenue Decrease:
HIGHWAY FUND	81,000	81,000	81,000

 

Source of revenue decrease:

Moving the revenue collected from the radioactive materials transportation fees from the Department of Transportation to the Office of Homeland Security.

 

Assumptions:

1)  The revenue offset from the Department of Transportation to the Office of Homeland Security is estimated using the current $200 radioactive transportation fee.

2)  The average number of packages between FY2001 and FY2004 of 405 packages was used for the basis of these estimates.

 

 

 

 

 

 

Prepared by:   Don Richards, LSO           Phone:   777-7881 

(Information provided by Kevin Hibbard, Department of Transportation and Laura Gorny, Office of Homeland Security; phone:  777-4026 and 777-4914, respectively.)