FISCAL NOTE
Date Requested: January 31, 2024
Time Requested: 11:08 AM |
| Agency: |
Higher Education Policy Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3075 |
Introduced |
HB4882 |
|
|---|
| CBD Subject: |
Governor -- Bills Requested By |
|---|
|
FUND(S):
General
Sources of Revenue:
General Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill would require Institutions of Higher Education to charge in-state tuition rates to all military members, veterans, spouses, and dependents who reside in or move to West Virginia regardless of State domicile. Unfortunately, the Higher Education Policy Commission (HEPC) cannot determine the number of potential service members, veterans, spouses and dependents who would relocate or decide to attend an institution of higher education as outlined in the proposed bill. However, HEPC can determine the cost to the institutions of higher education would be negligible. Additionally, since institutions of higher education may gain increased enrollment from a population which would otherwise not go to school in West Virginia, there is potential for a slight increase in tuition revenues.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2024
Increase/Decrease
(use"-") |
2025
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):
The necessary information is not available to determine the possible fiscal impact.
Memorandum
Person submitting Fiscal Note: Misty Price
Email Address: misty.price@wvhepc.edu