FISCAL NOTE

Date Requested: February 03, 2026
Time Requested: 05:12 PM
Agency: Treasurer's Office, WV
CBD Number: Version: Bill Number: Resolution Number:
3354 Introduced HB5150
CBD Subject: Retirement


FUND(S):

New

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Program, Creates New Fund: Secure Choice Administrative Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The proposed legislation creates a new fund in the State Treasury and authorizes the Board of Treasury Investments to invest monies in the fund. The Treasurer's Office can meet those obligations without incurring any additional funding needs.



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