FISCAL NOTE

Date Requested: March 24, 2021
Time Requested: 10:41 AM
Agency: Agriculture, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
2809 Comm. Sub. HB2633
CBD Subject: Agriculture


FUND(S):

Multiple Funds

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Fund: Agriculture Investment Fund



Fiscal Note Summary


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


HB2633 provides for updates to existing language throughout WV Code Chapter 19; however, the updated language does not result in significant changes to existing programs or material impacts to expense and revenue. A new fund is proposed to support the Agriculture Investment Program. The new fund would be a Special Revenue fund, but the fiscal impact of this program/fund cannot be reasonably estimated at this time.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2021
Increase/Decrease
(use"-")
2022
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):


No anticipated fiscal impact noted from the proposed language updates in HB2633.



Memorandum


None noted.



    Person submitting Fiscal Note: Alan Clemans, on behalf of Sandra Gillispie, CFO
    Email Address: aclemans@wvda.us