FISCAL NOTE

Date Requested: March 09, 2021
Time Requested: 12:22 PM
Agency: Treasurer's Office, WV
CBD Number: Version: Bill Number: Resolution Number:
3222 Introduced HB2993
CBD Subject: Constitutional Officers


FUND(S):

1322--Banking Services Fund

Sources of Revenue:

Special Fund

Legislation creates:





Fiscal Note Summary


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


The proposed legislation would result in minimal costs to out of compliance agencies that would be brought into one of the office's collection method programs. The proposed $200 fee could have a positive fiscal impact to the office but is difficult to determine how many agencies this legislation would impact.



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):


The proposed $200 fee could have a positive fiscal impact to the office but is difficult to determine how many agencies this legislation would impact.



Memorandum






    Person submitting Fiscal Note: James Fuerhoff
    Email Address: james.fuerhoff@wvsto.com