FISCAL NOTE

Date Requested: January 29, 2020
Time Requested: 03:35 PM
Agency: Auditor, State of WV
CBD Number: Version: Bill Number: Resolution Number:
1372 Introduced HB4097
CBD Subject: Municipalities


FUND(S):

Local Funds

Sources of Revenue:

Other Fund Local Government

Legislation creates:

Creates New Expense



Fiscal Note Summary


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


The purpose of proposed House Bill 4097 is to require municipalities to maintain a program to assist homeowners eligible for the homestead exemption in maintaining their homes free of conditions that are unsafe, unsanitary, dangerous or detrimental to the public safety or welfare.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2020
Increase/Decrease
(use"-")
2021
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 State Auditor’s Office does not maintain or have access to reliable data that would allow us to effectively estimate the financial impacts of the proposed legislation. However, we anticipate the proposed Bill, if enacted, would result in additional expenditures at the Municipal-Level of government because the current provisions of State law, to the best of our knowledge, have no specific requirements for municipalities to maintain funds to assist homeowners eligible for the Homestead Exemption with regard to keeping their properties free of conditions which are unsafe, unsanitary, dangerous or detrimental to the public safety or welfare.



Memorandum


We have no additional comments concerning the proposed Bill.



    Person submitting Fiscal Note: Michael E. Sizemore, CPA
    Email Address: Mike.Sizemore@wvsao.gov