FISCAL NOTE

Date Requested: January 14, 2023
Time Requested: 03:29 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1656 Introduced HB2518
CBD Subject: Agriculture


FUND(S):

General

Sources of Revenue:

General Fund

Legislation creates:





Fiscal Note Summary


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


Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government. The purpose of this bill is to provide a minimum percentage requirement of food from in-state producers for purposes of the West Virginia Fresh Food Act. Each state funded institution must obtain 10 percent of its food from in-state producers by July 1, 2025; 15 percent by July 1, 2027; 20 percent by January 1, 2029; and 25 percent by July 1, 2032. No additional appropriations would be required from the enactment of this legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
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):


Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.



Memorandum


Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.



    Person submitting Fiscal Note: Robert Wallett
    Email Address: robert.wallett@wvhepc.edu