FISCAL NOTE

Date Requested: February 02, 2016
Time Requested: 02:11 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1978 Introduced HB4322
CBD Subject: Education (Higher)


FUND(S):

0596

Sources of Revenue:

General Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    House Bill 4322 if enacted would allow more students to participate in the Learn and Earn Program by eliminating the authorization to use program funding for equipment purchases and eliminating the exception to dollar-for-dollar matching requirement that would allow an employer to participate by matching one dollar for every three dollars of state grant funding. No additional costs are associated with this bill.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2016
Increase/Decrease
(use"-")
2017
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