FISCAL NOTE
Date Requested: February 24, 2021 Time Requested: 01:53 PM |
Agency: |
Higher Education Policy Commission |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2402 |
Introduced |
HB2746 |
|
CBD Subject: |
Education (Higher) |
---|
|
FUND(S):
General
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House bill 2746, if enacted, would establish the behavioral health workforce education initiative at the Higher Education Policy Commission.
It is anticipated that the initial year costs would be about $1.21 million and about $2.25 million upon full implementation.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2021 Increase/Decrease (use"-") |
2022 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
1,210,204 |
2,245,612 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
0 |
300,000 |
300,000 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
910,204 |
1,945,612 |
2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
The cost detail for the initiative are provided below:
Increase 2 psychiatry residents per year ($157,602 per resident per year)
Year 1 $315,204
Year 2 $630,408
Upon full implementation $945,612
Doctoral psychology internship stipends (5@ $25,000) - $125,000 per year
Masters level psychology, social work and counseling stipends (20@5000.00) -$100,000 per year
Mental Health Provider Student Loan Repayment (already funded year 1, 30@10,000.00)
Year 1 $0
Year 2 $330,000
Upon full implementation $330,000
Pipeline programming at middle and high schools -$125,000 per year
Initiatives to support transition from undergrad to graduate programs (25,000 per site, 5 sites year 1, 6 sites year 2, 8 sites Upon full implementation, total 19 sites, for example, GRE preparation, career exploration courses, graduate school preparation programs, book and supply stipends for first year graduate students)
Year 1 $125,000
Year 2 $150,000
Upon full implementation $200,000
Support supervision of new graduates to licensure (20 grants/5000.00) -$100,000 per year
Certified Addiction Counselor credentials (4 per year @5000.00) - $20,000 per year
Learning collaborative support - $50,000 per year
Curricular development and circulation -$50,000 per year
Center overhead (personnel and misc. expenses) - $200,000 per year
Memorandum
Person submitting Fiscal Note: Ed Magee
Email Address: edward.magee@wvhepc.edu