FISCAL NOTE

Date Requested: February 13, 2023
Time Requested: 04:40 PM
Agency: Department of Economic Development
CBD Number: Version: Bill Number: Resolution Number:
3727 Introduced HB3425
CBD Subject: Finance and Administration


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.


To our knowledge there will not be a fiscal impact for WVDED. The information provided in this house bill indicates that this program should be administered by the WVEDA or JIT.



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


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.



    Person submitting Fiscal Note: TIA SHANNON
    Email Address: tia.c.shannon@wv.gov