FISCAL NOTE
Date Requested: June 13, 2019
Time Requested: 03:13 PM |
| Agency: |
Higher Education Policy Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 4065 |
Introduced |
HB136 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
0589
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House Bill 136, if enacted, would authorize studies of issues effecting public school education including a study of student loan payments tax credits, a loan forgiveness program for teachers, and a study of class sizes. The estimated cost of the proposed studies would be approximately $25,000.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2019
Increase/Decrease
(use"-") |
2020
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
25,000 |
25,000 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
25,000 |
25,000 |
| 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):
It is estimated that approximately 300 hours would be required to complete the studies at a cost of $80 per hour. Expenses for travel and other related costs would be approximately $1,000.
Memorandum
Person submitting Fiscal Note: Ed Magee
Email Address: edward.magee@wvhepc.edu