FISCAL NOTE
Date Requested: January 21, 2022
Time Requested: 02:21 PM |
| Agency: |
Workforce WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1488 |
Introduced |
SB251 |
|
|---|
| CBD Subject: |
Unemployment Compensation |
|---|
|
FUND(S):
Federal Revenue
Sources of Revenue:
Other Fund Federal Revenue
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There will be additional costs for programming existing software to capture penalties assessed to employers that refuse to make necessary records available for audit, inspection, or fraud investigation. The programming cost is estimated to cost approximately $5,000. This bill will generate no additional revenue and will be fully funded by existing federal grants.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2022
Increase/Decrease
(use"-") |
2023
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
5,000 |
0 |
5,000 |
| Personal Services |
5,000 |
0 |
5,000 |
| 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):
There will be an increase in personal services of approximately $5,000 for programming existing software to capture the penalties assessed.
Memorandum
N/A
Person submitting Fiscal Note: Jane Shinn
Email Address: Jane.Shinn@wv.gov