FISCAL NOTE

Date Requested: February 10, 2017
Time Requested: 03:10 PM
Agency: Budget Office, WV State
CBD Number: Version: Bill Number: Resolution Number:
1136 Introduced HB2080
CBD Subject: State Personnel


FUND(S):



Sources of Revenue:

General Fund,Special Fund,Other Fund Special Revenue, Federal

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    This bill changes the annual increment annual payments from $60 per year to $100 per year. It also changes the beginning eligibility from 3 years to 1 year.
    
    Total estimated cost (all funding sources) $18,800,000.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 18,800,000 18,800,000
Personal Services 0 18,800,000 18,800,000
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):


    Estimates based on available data:
    
    Estimated cost:
    General Fund $6,200,000
    Lottery Fund 125,000
    Federal Funds 1,200,000
    Road Fund 2,800,000
    Special Funds 8,475,000
    Total est cost $18,800,000



Memorandum


    none



    Person submitting Fiscal Note: Mike McKown
    Email Address: mike.p.mckown@wv.gov