FISCAL NOTE
Date Requested: February 08, 2017
Time Requested: 06:39 PM |
| Agency: |
Risk and Insurance Management, Board of (BRIM) |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1055 |
Introduced |
SB39 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
2363 - Public Entity Insurance Fund
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The proposed legislation indicates that the Board of Risk and Insurance Management (BRIM) shall provide professional or other liability coverage for certain boards of education volunteer workers and student teachers. BRIM does not currently maintain any exposure data related to boards of education volunteer workers or student teachers as described in the legislation and cannot identify any professional or other liability losses that are associated with these volunteer workers and student teachers. As a result, an estimate of the projected additional costs and expenses for the current fiscal yea, or any subsequent fiscal year, cannot reasonably be determined or estimated.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2017
Increase/Decrease
(use"-") |
2018
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):
Increases and decreases in costs and/or revenues cannot be reasonably determined due to unavailable relevant data to project estimates.
Memorandum
Person submitting Fiscal Note: Mary Jane Pickens
Email Address: maryjane.pickens@wv.gov