FISCAL NOTE

Date Requested: January 11, 2023
Time Requested: 10:20 PM
Agency: Commerce, WV Dept of
CBD Number: Version: Bill Number: Resolution Number:
1056 Introduced HB2486
CBD Subject:


FUND(S):

SPECIAL REVENUE

Sources of Revenue:

Special Fund

Legislation creates:





Fiscal Note Summary


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


This Bill would have no fiscal impact on the WV Department of Economic Development. There is no clear administrator of the program in the bill.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
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.



Memorandum


The WV Department of Economic Development believes this bill would be more suited to the WV Economic Development Authority.



    Person submitting Fiscal Note: Kimberly Miller
    Email Address: kimberly.l.miller@wv.gov