FISCAL NOTE
Date Requested: March 21, 2025
Time Requested: 02:59 PM |
| Agency: |
Transportation, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2930 |
Amendment |
SB869 |
|
|---|
| CBD Subject: |
Roads and Transportation |
|---|
|
FUND(S):
State Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill adjusts the Board composition and authorities of the Robert C. Byrd Corridor H Highway Authority by creating the Corridor H Advanced Energy and Economic Corridor Authority. It would add two ex officio members to the Board and specify their powers and authorities.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
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.
On its face, this bill is fiscally neutral. The DOH notes that certain powers, such as acquiring or disposing of property and the provision of insurance, could have a fiscal impact, but that impact is unknowable at present.
Memorandum
No vagueness or technical defects observed.
Person submitting Fiscal Note: Chris Alder
Email Address: chris.r.alder@wv.gov