Motor vehicle franchises-amendments.

05LSO-0560.L2

                                                         

CORRECTED COPY

 

FISCAL NOTE

 

	FY 2006	FY 2007	FY 2008
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
GENERAL FUND	3,120	3,120	3,120

 

Source of revenue increase and assumptions:

 

Currently there are 572 licensed vehicle dealers in Wyoming.  On average, about 80 new applications are received per year. 

 

At a minimum, the Division of Criminal Investigation (DCI) would be required to conduct an additional 80 fingerprint background checks per year.  Each background check requires submission of fees for processing.  By statute, the fee for the state check is $15 (W.S. 7-19-108), and the fee for the federal check is $24.  The state fee is placed in the General Fund while the Federal Bureau of Investigation (FBI) bills DCI on a monthly basis to collect the federal fee.  While a state can opt to conduct state checks only, the FBI check cannot occur without a state check having first been conducted.  At $39 each, 80 checks per year would result in $3,120 in increased revenue.

 

Anticipated Expenditure Increase:
GENERAL FUND	1,920	1,920	1,920

 

Source of expenditure increase and assumptions:

 

The fee for each federal fingerprint background check is $24.  The state fee is placed in the General Fund, while the FBI bills the DCI on a monthly basis to collect the federal fee.  At $24 each, 80 checks per year would result in $1,920 in increased non-administrative expenditures.

 

 

 

 

Prepared by: Matt Petry, Attorney General's Office  Phone: 777-7840

(With information provided by the Department of Transportation.)