FISCAL NOTE

Date Requested: March 19, 2021
Time Requested: 04:29 PM
Agency: Secretary of State
CBD Number: Version: Bill Number: Resolution Number:
3124 Introduced SB521
CBD Subject: Professions and Occupations


FUND(S):

0155 and 1612 (50% of each fee goes to each fund)

Sources of Revenue:

Other Fund 0155 = general fund, 1612 = special fund

Legislation creates:

Decreases Existing Revenue



Fiscal Note Summary


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


Private investigator and security guard renewals were previously required on annual basis. Moving to 2-year renewal period will result in approx. 50% reduction in annual revenue for WVSOS. Each renewal is $50.



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):


Decrease in revenues will be de minimis and not affect WVSOS operations.



Memorandum


N/a--this bill is cleanup from legislation in 2020.



    Person submitting Fiscal Note: Donald Kersey
    Email Address: dkersey@wvsos.gov