FISCAL NOTE
Date Requested: January 27, 2023
Time Requested: 10:37 AM |
| Agency: |
Higher Education Policy Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2885 |
Introduced |
HB3099 |
|
|---|
| 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.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
This bill, if enacted, would establish the Student Basic Needs Campus Initiative; authorize the creation of the Student Basic Needs Campus Program office; establish the duties of the Hunger Free Campus Program office; authorize the Student Basic Needs Campus Program office to administer and advise the chancellor on the Student Basic Needs Campus Grant Program; establish the requirement for designation as a Student Basic Needs Campus; set requirements for awarding Student Basic Needs grants; address Student Basic Needs Campus grant administration; create the Student Basic Needs Campus Program and Grant Fund; set forth reporting requirements; and authorize legislative rules.
The funding for this initiative will depend upon the amount of state appropriations provided in the budget. A $2 million appropriation would provide support for the initiative. Of this amount approximately $100,000 would be needed for administrative support.
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 |
2,000,000 |
2,000,000 |
| Personal Services |
0 |
100,000 |
100,000 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
1,900,000 |
1,900,000 |
| 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