FISCAL NOTE

Date Requested: January 24, 2022
Time Requested: 03:57 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1314 Introduced HB4360
CBD Subject: Education (Higher)


FUND(S):

General

Sources of Revenue:

General Fund

Legislation creates:

Creates New Expense



Fiscal Note Summary


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


House Bill 4360, if enacted, would allow certain military service to satisfy the requirement of community service required to qualify for the for the West Virginia Invests Grant Program. It would also require reimbursement to certain grant recipients that were required to repay a grant for failure to meet the community service eligibility requirement. The costs associated with this legislation are not sufficient to require additional state appropriations.



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):






Memorandum






    Person submitting Fiscal Note: Ed Magee
    Email Address: edward.magee@wvhepc.edu