FISCAL NOTE

Date Requested: March 22, 2021
Time Requested: 01:04 PM
Agency: Labor, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
3281 Introduced SB701
CBD Subject: Labor


FUND(S):

General Revenue Fund

Sources of Revenue:

General Fund

Legislation creates:

Increases Existing Expenses



Fiscal Note Summary


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


This would require an increase in General Revenue for the Division of Labor to establish the rates and enforce the statute and rule.



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 0 800,000 800,000
Personal Services 0 552,000 552,000
Current Expenses 0 24,000 24,000
Repairs and Alterations 0 8,000 8,000
Assets 0 0 0
Other 0 54,000 54,000
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):


This would require an increase in General Revenue for the Division of Labor to establish the rates and enforce the statute and rule for FY2022 and subsequent years. The estimates are based on how much the Division's General Revenue was decreased after the repealing of the prevailing wage statute in 2016.



Memorandum


This would require an increase in General Revenue for the Division of Labor to establish the rates and enforce the statute and rule.



    Person submitting Fiscal Note: Mitchell E Woodrum, Commissioner
    Email Address: Mitchell.E.Woodrum@wv.gov