FISCAL NOTE

Date Requested: February 28, 2022
Time Requested: 11:20 AM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2949 Introduced - Originating in Committee HB4845
CBD Subject:


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 4845, if enacted, would establish magnet schools on the campuses of colleges and universities throughout West Virginia. The proposed legislation creates the Katherine Johnson Academy, which will facilitate the creation of Academy magnet school programs through collaboration agreements by and among the Academy, the State Board of Education, the Higher Education Policy Commission, and colleges and universities in West Virginia. Because this legislation would not extend eligibility PROMISE eligibility beyond 8 semesters, no additional costs would be incurred by public higher education.



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 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: Ed Magee
    Email Address: edward.magee@wvhepc.edu