FISCAL NOTE

Date Requested: February 02, 2016
Time Requested: 01:49 PM
Agency: Workforce WV
CBD Number: Version: Bill Number: Resolution Number:
1798 Introduced HB4032
CBD Subject: Unemployment Compensation


FUND(S):

UNEMPLOYMENT COMP TRUST FUND

Sources of Revenue:

Other Fund UNEMPLOYMENT COMP TRUST F

Legislation creates:

A New Program



Fiscal Note Summary


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


    Due to verbiage in the legislative bill, annual benefits paid would not be a factor in this financial estimate since the claimants would draw unemployment benefits whether or not they applied for Self Employment Assistance (SEA).
    
    In addition, since these claimants are individuals who are already most likely to exhaust their claim, no additional weeks of benefits can be projected as an expense to the Trust Fund because they are already expected to draw the full 26 weeks. Therefore, this estimate is only for staff time to start and run the SEA Program.



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 40,785 12,462 12,462
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):


    Staff costs for 2016 include .50 FTE for Implementation of the program, including Programming, Training, and Procedure creation. As well as .22 FTE for processing SEA claims.
    
    Staff costs for 2017 include .22 FTE for processing SEA claims. The .22 FTE is expected to continue for the duration of the SEA program.



Memorandum


    



    Person submitting Fiscal Note: Michelle Painter
    Email Address: michelle.painter@wv.gov