FISCAL NOTE

Date Requested: March 28, 2025
Time Requested: 12:15 PM
Agency: Risk and Insurance Management, Board of (BRIM)
CBD Number: Version: Bill Number: Resolution Number:
3121 Comm. Sub. SB529
CBD Subject: Boards and Commissions; Education (K12); Insurance


FUND(S):

2363 - Public Entity Insurance Trust Fund

Sources of Revenue:

Special Fund

Legislation creates:





Fiscal Note Summary


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


The proposed legislation, upon passage, would require $1M of liability coverage for outside organizations that utilize county boards of education facilities. This bill would have no impact on BRIM.



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):


The zeros on the above table represent no impact to BRIM.



Memorandum


This bill would have no impact on BRIM.



    Person submitting Fiscal Note: Melody Duke
    Email Address: melody.a.duke@wv.gov