Q&A
Potential fees and revenue projections for Intro 606
1:46:39
·
82 sec
Council Member Brooks-Powers inquires about potential fees and revenue projections for licenses and registrations under Intro 606. DOT officials respond:
- Fees would be determined based on an administrative cost analysis following OMB guidelines
- Costs would be passed on to registrants for new licenses and renewals
- Specific revenue projections are not available without completing the cost analysis
- Additional legal personnel would be needed to handle administrative and adjudication processes
- The exact fee structure and revenue estimates are pending further analysis
- Implementation would require expanding DOT's legal capacity to handle new administrative tasks
Selvena N. Brooks-Powers
1:46:39
What fees does DOT project it would institute for licenses and registrations and well, I'll ask that first and then we can go from there.
Will Carry
1:46:49
So pursuant to OMB guidelines, what we would do is a, administrative cost analysis.
1:46:55
So how much would it would it cost us?
1:46:57
And this would require further work, and then those costs would be passed on, to the registrants, either for new licenses or renewals.
Selvena N. Brooks-Powers
1:47:13
Does DOT or OMB have an idea of how much they anticipate receiving annually from registrations in terms of revenue?
Will Carry
1:47:21
We need to do the the analysis of the the administrative cost first.
1:47:26
And then once we determine that number, if this proposal were to move forward, once we determine that number, we would then, determine, you know, what the price would be and how much revenue there would be.
Selvena N. Brooks-Powers
1:47:39
And does DOT anticipate administrative education, adjudication, excuse me, costs related to the enactment of this legislation?
1:47:47
And if so, how much and how was this determined?
Will Carry
1:47:51
The answer is yes.
1:47:52
We would need to hire additional, legal personnel, to help process those issues and deal with the administrative law courts.
