FISCAL NOTE
Date Requested: March 24, 2025
Time Requested: 03:12 PM |
| Agency: |
Agriculture, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 4033 |
Introduced |
SB890 |
|
|---|
| CBD Subject: |
Agriculture |
|---|
|
FUND(S):
SPECIAL
Sources of Revenue:
Special Fund NA
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
SB890 updates the language of WV Code 19-2C related to the Department of Agriculture's Auctioneer Program, including new language related to board of review member compensation, which would impact program revenue and expense.
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 |
2,400 |
2,400 |
2,400 |
| Personal Services |
2,400 |
2,400 |
2,400 |
| 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):
Language in 19-2C-6a provides for compensation for board of review members based on legislative interim duty amounts established in WV Code 4-2A-5. The estimates above a based upon an estimate of quarterly meetings (4 meetings/year). The increased expense for the auctioneer board of review members will be covered out of existing program fee revenue. Board member travel expenses (already permitted in existing code) will vary based on board composition, along with number and location of meetings.
Offsetting cost savings is anticipated within the program as it moves forward with a new online registration system.
Memorandum
Language in 19-2C-9(f) should be corrected to read "All auction firms" instead of "All action firms..."
Person submitting Fiscal Note: Laryssa Hoskins on behalf of Alan Clemans, CFO
Email Address: aclemans@wvda.us