Enactment of this legislation could increase revenue from registration fees by $900,000 one-time in FY 2027, $2,300,000 one-time in FY 2028, and $2,800,000 ongoing beginning in FY 2029, increasing deposits to the newly created Vehicle Registration Services Restricted Account from additional registration fees. Enactment of this legislation could increase historical support special group license plate contributions by $25 per plate registration beginning January 1, 2027. Aggregate contributions could increase by $3,700,000 one-time in FY 2027 and $7,410,000 ongoing in FY 2028. These additional contributions could increase revenues to the following funds: the Cultural and Community Engagement Foundation Fund by $520,000 one-time in FY 2027 and $1,040,000 ongoing beginning in FY 2028, and the Olympic and Paralympic Venues Grant Fund by $3,180,000 one-time in FY 2027 and $6,370,000 ongoing beginning in FY 2028.

This bill appropriates $1,300,000 ongoing beginning in FY 2027 from the General Fund to the Division of Motor Vehicles for personnel and current expenses. This bill also appropriates $900,000 one-time in FY 2027 and $2,233,000 ongoing beginning in FY 2028 from the newly created Vehicle Registration Services Restricted Account to the Tax Commission for county distributions and remodeling costs. Enactment of this legislation could also increase costs to the Tax Commission by $7,800 one-time in FY 2026 from the General Fund for system upgrades. Enactment of this legislation could cost the Department of Government Operations $900 one-time in FY 2026 and $1,900 ongoing in FY 2027 from the General Fund to create and maintain the new Vehicle Registration Services Restricted Account.