FISCAL NOTE

Date Requested: March 17, 2017
Time Requested: 11:05 AM
Agency: Economic Development Authority, WV
CBD Number: Version: Bill Number: Resolution Number:
3266 Introduced SB614
CBD Subject: Corporations


FUND(S):



Sources of Revenue:

Special Fund

Legislation creates:

A New Program,A New Fund



Fiscal Note Summary


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


    The costs to State Government are unknown. Impossible to predict what losses might occur in the insuring of bank loans to private companies for broadband expansion.



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 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: David Warner
    Email Address: David.A.Warner@wv.gov