FISCAL NOTE

Date Requested: February 07, 2019
Time Requested: 08:49 AM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2869 Introduced HB2862
CBD Subject: Education (Higher)


FUND(S):

0589

Sources of Revenue:

General Fund

Legislation creates:

Creates New Expense



Fiscal Note Summary


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


House Bill 2862, if enacted, would modify the purpose of the Underwood Smith Scholarship beginning in 2020 by establishing a scholarship preference for applicants pursuing math and science teaching careers. It would also modify selection criteria for the award of scholarships and modify scholarship agreement condition requirements. In addition, the legislation would modify scholarship renewal requirements and modify the purpose of the teacher scholarship program to those pursuing careers in teaching math or science. The legislation would also modify scholarship agreement condition requirements for teachers and modify scholarship renewal requirements for teachers. No additional costs are associated with this Legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2019
Increase/Decrease
(use"-")
2020
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