FISCAL NOTE

Date Requested: February 10, 2020
Time Requested: 12:50 PM
Agency: Commerce, WV Dept of
CBD Number: Version: Bill Number: Resolution Number:
2341 Introduced SB738
CBD Subject: Boards and Commissions


FUND(S):

DEVELOPMENT OFFICE

Sources of Revenue:

General Fund

Legislation creates:

Creates New Expense, Creates New Program



Fiscal Note Summary


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


    



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 3,450 3,450
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):


    These costs are solely estimated.
    
    Five members travel costs if met monthly would be $3,450 per year for only mileage.
    
    Five members travel costs if met quarterly would be $1,150 per year for only mileage.



Memorandum


    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.



    Person submitting Fiscal Note: kimberly miller
    Email Address: kimberly.l.miller@wv.gov