LD 1523 LR 2205(02)
An Act To Exempt Motor Vehicles Less than 12 Years Old from Inspection
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Transportation
Fiscal Note Required: Yes
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
Highway Fund $1,575,000 $2,100,000 $2,100,000 $2,100,000
Highway Fund ($1,575,000) ($2,100,000) ($2,100,000) ($2,100,000)
Correctional and Judicial Impact Statements
Decreases Class E crimes.
A reduction in fines will decrease General Fund revenue by minor amounts.
Fiscal Detail and Notes
This bill exempts a motor vehicle less than 12 years old from inspection and would result in a reduction in Highway Fund revenue of $1,575,000 in fiscal year 2017-18 and $2,100,000 beginning in fiscal year 2018-19.  This analysis assumes that 60% of all vehicles inspected are less than 12 years old.