FISCAL NOTE

Date Requested: January 26, 2022
Time Requested: 11:34 AM
Agency: Environmental Protection, Department of
CBD Number: Version: Bill Number: Resolution Number:
1865 Introduced SB1
CBD Subject: Natural Resources


FUND(S):

Special Revenue

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Program



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. DEP does not currently have $50 million of unrestricted funding in any fund, or any combination of funds, to provide to the DEP Mining Mutual Insurance Company Fund.



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. DEP does not currently have $50 million of unrestricted funding in any fund, or any combination of funds, to provide to the DEP Mining Mutual Insurance Company Fund.



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. None



    Person submitting Fiscal Note: Gary Rogers
    Email Address: Gary.W.Rogers@wv.gov