FISCAL NOTE

Date Requested: January 25, 2022
Time Requested: 03:57 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1316 Introduced HB4379
CBD Subject: Finance and Administration


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 4379, if enacted, would require all higher education institutions to use statewide contracts issued by the Purchasing Division when cost effective, to have a centralized location for contracts for goods and services frequently purchased. Any costs associated with this legislation would not be 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