FISCAL NOTE

Date Requested: March 10, 2017
Time Requested: 03:43 PM
Agency: Municipal Pensions Oversight Board
CBD Number: Version: Bill Number: Resolution Number:
1237 Introduced HB2537
CBD Subject: Municipalities


FUND(S):

Municipal Policemen's and Firemen's Pension & Relief Funds

Sources of Revenue:

Other Fund Local Governments

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


The costs and revenues of state government will not be affected by the passage of this bill.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
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):


The costs and revenues of state government will not be affected by the passage of this bill.



Memorandum


The municipal policemen's pension and relief funds and the firemen's pension and relief funds are local government plans and only cover men and women employed by the respective plans.



    Person submitting Fiscal Note: Blair Taylor, Executive Direcor MPOB
    Email Address: blair.m.taylor@wv.gov