FISCAL NOTE
Date Requested: January 15, 2026
Time Requested: 04:28 PM |
| Agency: |
Treasurer's Office, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1257 |
Introduced |
HB4362 |
|
|---|
| CBD Subject: |
Municipalities |
|---|
|
FUND(S):
1322
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The bill transfers the Municipal Bond Commission currently under the authority of the Department of Revenue, under the purview of the State Treasurer’s Office. The bill specifies that the State Treasurer’s Office will provide staffing, office space, and administrative duties necessary to support the Municipal Bond Commission. Additionally, it permits the commission to utilize any contract or agreement of the Treasurer’s Office, the West Virginia Investment Management Board, or the West Virginia Board of Treasury Investments.
The Treasurer's Office has adequate office space and existing staff to support the Municipal Bond Commission and would not require any additional funding.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
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):
Memorandum
Person submitting Fiscal Note: James Fuerhoff
Email Address: james.fuerhoff@wvsto.gov