FISCAL NOTE

Date Requested: February 13, 2023
Time Requested: 04:38 PM
Agency: Housing Development Fund, WV
CBD Number: Version: Bill Number: Resolution Number:
3711 Introduced HB3415
CBD Subject: Health


FUND(S):

Grant program fund

Sources of Revenue:

Other Fund Housing for Moms Grant Program

Legislation creates:

Creates New Program, Creates New Fund: Housing For Moms Grant Program



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. The legislation does not specify the amount to be allocated to the program for housing grant activities. The WV Housing Development Fund is a non-spending unit and fully self supporting and is not a grant agency. If funded, the funding amount should include administrative funds as well as program funds.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
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. Operating costs cannot be accurately estimated without a program grant amount.



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. No grant amount has been set.



    Person submitting Fiscal Note: Erica L Boggess
    Email Address: eboggess@wvhdf.com