FISCAL NOTE
Date Requested: February 10, 2021
Time Requested: 04:12 PM |
| Agency: |
Lottery Commission, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1272 |
Introduced |
HB2047 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
Lottery
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
Presuming the bill is passed and goes into effect consistent with the Lottery's current licensure/renewal timeline, HB2047 will have no fiscal impact on costs or revenues. The bill proposes to amend the WV Table Games Act (W. Va. Code 29-22C-2, 4, 6, 13, 14, 17, 18, 19, 29, 31) and Authorized Gaming Facility Act (29-25-2, 3, 8, 12, 14, 15, 16, 17, 18, 22, 25 and 27) to strike the terms "license/licensee" with respect to certain racetrack/casino employees and re-classify such individuals and licenses as "registrants and registrations." The bill also proposes additional technical changes.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2021
Increase/Decrease
(use"-") |
2022
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
See above/No Fiscal Impact.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Presuming the bill is passed and goes into effect consistent with the Lottery's current licensure/renewal timeline, HB2047 will have no fiscal impact on costs or revenues. No costs of licensure/registration are impacted and the bill does not remove any tangible barriers to licensure that would increase those licensed in West Virginia to perform the impacted functions. However, the bill would require considerable Lottery efforts and resources to amend current forms, rules and other documents without fiscal benefit.
Person submitting Fiscal Note: W. Brian Nickerson, General Counsel
Email Address: bnickerson@wvlottery.com