FISCAL NOTE
Date Requested: February 18, 2016
Time Requested: 10:02 AM |
| Agency: |
Veterans Affairs, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1826 |
Comm. Sub. |
SB328 |
|
|---|
| CBD Subject: |
Military and Veterans |
|---|
|
FUND(S):
WV Veterans' Program Fund
Sources of Revenue:
Special Fund
Legislation creates:
A New Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The proposed bill would not have an impact on department expenses but would generate an estimated $1.5 million annual revenue from a 10 percent safety fee for the WV Veterans Program Fund.
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 |
1,485,000 |
1,485,000 |
Explanation of above estimates (including long-range effect):
The proposed total revenue of $1.5 million with $15,000 annual fee withheld to Tax Commissioner is persuant to Department of Revenue fiscal note estimates.
Memorandum
Person submitting Fiscal Note: Stacy E. Brown
Email Address: stacy.e.brown@wv.gov