FISCAL NOTE

Date Requested: February 02, 2016
Time Requested: 02:10 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1512 Introduced SB386
CBD Subject: Education (Higher)


FUND(S):

0589

Sources of Revenue:

General Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


Senate Bill 386, if enacted, would provide flexibility to West Virginia University and the West Virginia University Institute of Technology to relocate the West Virginia University Institute of Technology, and to facilitate collaboration between four-year institutions serving southern West Virginia. No additional costs are associated with the increased flexibility provided by this legislation. Although additional costs will be incurred as a result of the relocation, WVU has not requested additional state appropriations to cover these costs.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2016
Increase/Decrease
(use"-")
2017
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):






Memorandum






    Person submitting Fiscal Note: Ed Magee
    Email Address: edward.magee@wvhepc.edu