FISCAL NOTE
Date Requested: January 21, 2019
Time Requested: 01:40 PM |
| Agency: |
Agriculture, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2501 |
Introduced |
HB2560 |
|
|---|
| CBD Subject: |
Agriculture |
|---|
|
FUND(S):
Farm Operating Fund (Existing Special Revenue)
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
As written, HB2560 is not expected to directly impact revenue or expenditures of state-owned farms managed by the Department of Agriculture. While the language proposed in §19-12A-5(a) permits certain institutions to purchase food products from outside vendors under certain circumstances, language elsewhere in 19-12A-6 permits the Department of Agriculture to sell excess or unused food, milk, and other commodities to other agencies or the public thereby minimizing any losses on the production of those items.
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 |
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):
As noted above, there is no anticipated impact to existing revenue and expenditures from agency-owned farm operations.
Memorandum
As noted in the fiscal note for SB344, the language in §19-12A-6a ("Special revenue account") is based on the original language of this code section. 2019 RS HB2468 amends this section of WV Code to allow fund balances in excess of $1M to be transferred to the Department of Agriculture Capital Improvements Fund, a new Special Revenue fund, in lieu of being transferred to General Revenue. The purpose of this updated language is to allow the Commissioner of Agriculture to direct excess fund resources from farm operations into a fund dedicated to agency infrastructure and equipment.
Person submitting Fiscal Note: Alan Clemans, on behalf of Sandra Gillispie, CFO
Email Address: sgillispie@wvda.us