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