FISCAL NOTE

Date Requested: March 24, 2025
Time Requested: 03:28 PM
Agency: Economic Development Authority, WV
CBD Number: Version: Bill Number: Resolution Number:
3513 Introduced SB931
CBD Subject: Economic Development


FUND(S):

Unknown

Sources of Revenue:

Other Fund Unknown

Legislation creates:





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. This measure is not applicable to the WVEDA. I does not appear to have any impact on the costs and revenues of state government.



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. As this measure is not directly applicable to the WVEDA I do not anticipate it will have any operational or financial impact to the WVEDA.



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. This measure is clearly applicable to the counties and county commissions of the area encompassed by the King Coal Highway and no vagueness or technical defects are noted.



    Person submitting Fiscal Note: J. Steven Webb
    Email Address: Steven.J.Webb@wv.gov