FISCAL NOTE

Date Requested: March 03, 2021
Time Requested: 11:03 AM
Agency: Workforce WV
CBD Number: Version: Bill Number: Resolution Number:
2902 Introduced HB2873
CBD Subject: Labor


FUND(S):

Non-appropriated

Sources of Revenue:

Other Fund Unemployment Trust 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. This House Bill should create no need for additional revenues. The costs to state government would only be those overpayments that would not be recaptured, and through the unemployment eligibility and review process Workforce strives to keep this to a minimum. All funds would come from the Unemployment Trust Fund.



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. N/A



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.



    Person submitting Fiscal Note: Jane Shinn
    Email Address: jane.shinn@wv.gov