FISCAL NOTE
Date Requested: January 21, 2022
Time Requested: 04:05 PM |
| Agency: |
Administration, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1993 |
Introduced |
HB4318 |
|
|---|
| CBD Subject: |
Records and Papers |
|---|
|
FUND(S):
Special
Sources of Revenue:
Special 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.
The bill creates a special revenue account to be administered by the Secretary of Administration as the State Records Administrator and authorizes the Secretary to charge for records management services provided to agencies.
Currently, these services are provided through contracts for services with vendors, however the creation of the fund and the authority to collect for services provided would allow the option of the Department of Administration providing the services to agencies, as the State is exploring options for the most efficient and cost effective method of managing state records.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2022
Increase/Decrease
(use"-") |
2023
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.
There are no estimated costs or revenues associated with this legislation.
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.
The bill creates a special revenue fund administered by the Department of Administration, and allows the Secretary of Administration to charge for services provided to agencies. The bill would provide an option for the Department of Administration to provide services that are currently being provided by third-party vendors as the State explores options for the most efficient and cost effective means of managing state records.
Person submitting Fiscal Note: Misty Peal
Email Address: misty.peal@wv.gov