FISCAL NOTE
Date Requested: January 28, 2026
Time Requested: 03:18 PM |
| Agency: |
Financial Institutions, West Virginia Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3066 |
Introduced |
SB613 |
|
|---|
| CBD Subject: |
Military and Veterans |
|---|
|
FUND(S):
3041 Assessment and Examination Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This measure will have no impact on the revenues and expenses of the agency.
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):
The Division of Financial Institutions anticipates no impact on its revenues and expenses if this bill is passed.
Memorandum
The bill caps interest rates a creditor may charge a National Guard member on active duty or the spouse of such a person. The Division of Financial Institutions is not a party to the credit agreement and therefore not impacted by the bill.
Person submitting Fiscal Note: Kathy Lawson
Email Address: klawson@wvdob.org