FISCAL NOTE

Date Requested: February 18, 2016
Time Requested: 03:06 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2780 Introduced SB631
CBD Subject: Education (Higher), Retirement


FUND(S):

0589

Sources of Revenue:

General Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


Senate Bill 631, if enacted, would to authorize Boards of Governors of institutions of higher education to develop retirement and incentive packages. No additional costs are associated with this bill.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2016
Increase/Decrease
(use"-")
2017
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