Date Requested: March 04, 2019
Time Requested: 09:25 AM
Agency: Water Development Authority, WV
CBD Number: Version: Bill Number: Resolution Number:
1709 Introduced SB153
CBD Subject: Economic Development, Utilities


WV Infrastructure Fund

Sources of Revenue:

Special Fund Excess Lottery

Legislation creates:

Fiscal Note Summary

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

Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government. SB153 does not change the amount of funds transferred from the Excess Lottery to the Infrastructure Fund. It changes the way the funds are allocated. It allows the West Virginia Infrastructure Jobs and Development Council to 1. increase the amount of grant funds from 20 to 25% 2. convert loan funds to grant funds when needed, meeting certain criteria 3. to increase the funding assistance program from $100,000 to $500,000

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
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):

Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years. This SB does not have any affect on revenues or expenses


Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form. See Summary above.

    Person submitting Fiscal Note: Sheila Miller
    Email Address: