FISCAL NOTE
Date Requested: February 01, 2022 Time Requested: 08:21 AM |
Agency: |
Public Service Commission |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1337 |
Introduced |
SB181 |
|
CBD Subject: |
Health |
---|
|
FUND(S):
Special Revenue
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Fund: Creates Statewide 988 Trust Fund for 988 fees
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.
As written, SB181 will have no impact on the costs and revenues of the Public Service Commission of West Virginia(PSC). The PSC will deposit the 988 fee in the new fund via the processes previously developed for depositing the E911 and public safety fees.
(Based on FY2021 carrier reported line numbers, the $.11 monthly fee will bring in approximately $1.6 million annually for the Statewide 988 Trust Fund.)
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2022 Increase/Decrease (use"-") |
2023 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):
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.
As written, SB181 will have no impact on the costs and revenues of the Public Service Commission of West Virginia(PSC). The PSC will deposit the 988 fee in the new fund via the processes previously developed for depositing the E911 and public safety fees.
(Based on FY2021 carrier reported line numbers, the $.11 monthly fee will bring in approximately $1.6 million annually for the Statewide 988 Trust Fund.)
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.
As written, SB181 will have no impact on the costs and revenues of the Public Service Commission of West Virginia(PSC). The PSC will deposit the 988 fee in the new fund via the processes previously developed for depositing the E911 and public safety fees.
(Based on FY2021 carrier reported line numbers, the $.11 monthly fee will bring in approximately $1.6 million annually for the Statewide 988 Trust Fund.)
Person submitting Fiscal Note: Cheryl A. Ranson
Email Address: cranson@psc.state.wv.us