FISCAL NOTE
Date Requested: February 06, 2018
Time Requested: 02:31 PM |
| Agency: |
Secretary of State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2356 |
Introduced |
SB490 |
|
|---|
| CBD Subject: |
Professions and Occupations |
|---|
|
FUND(S):
1612
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue, Increases Revenue From Existing Sources
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The secretary of state currently licenses 308 athletic agents. 23 new licenses were issued in 2017. At the current fee structure, these licenses resulted in $1150 for new licenses, and $2850 in existing license renewals. Because the funds are deposited in the 1612 account, the revenues are split between agency special revenue and general revenue. As such, the office only received $2,575 to administer this entire licensing program, and an equal amount to the state general revenue.
The proposed bill incorporates language from the Revised Uniform Athletic Agent Act (2015). This new fee structure would generate $2,500 in anticipated new licenses, and $15,400 for existing agents. The total amount of anticipated fee revenue will place $16,650 in the office's special revenue fund and an equal amount in the state general revenue.
The increased revenue of $16,650 will be used to develop an online application and renewal process to be incorporated into the secretary of state's online One Stop Business Solution currently in development for marriage officiants, notary public, and other licensing programs.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2018
Increase/Decrease
(use"-") |
2019
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
2,877 |
17,500 |
19,200 |
| Personal Services |
2,107 |
0 |
1,500 |
| Current Expenses |
770 |
17,000 |
17,700 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
5,150 |
28,150 |
33,300 |
Explanation of above estimates (including long-range effect):
The current estimated total cost includes the cost for a portion of a licensing specialist's as well as the cost of supplies and postage for the program.
The increased estimated costs include programming and development costs by West Virginia Interactive, the statewide vendor, to design and launch an online licensing program consistent with other licensing programs of the office. It also represents an anticipated decrease in personnel costs based on the streamlined process.
Memorandum
None
Person submitting Fiscal Note: Stephen R. Connolly, Deputy Secretary-Chief Counse
Email Address: sconnolly@wvsos.gov