FISCAL NOTE
Date Requested: January 09, 2019 Time Requested: 04:16 PM |
Agency: |
Lottery Commission, WV |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1647 |
Introduced |
HB2099 |
|
CBD Subject: |
Infrastructure |
---|
|
FUND(S):
Lottery
Sources of Revenue:
Special 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.
HB2099 will have no fiscal impact on costs or revenues. The bill proposes to strike language that required one-time redistribution of funds in fiscal years 2014, 2015 and 2016. The funding levels prior to 2014 referenced in 29-22-18d, the code section addressed by this bill, have already been restored.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2019 Increase/Decrease (use"-") |
2020 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.
See summary above.
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.
HB2099 deals only with the West Virginia Infrastructure Fund. The references to restoring or eliminating other funds that are set forth in the title and the Note are not addressed in the text of the bill.
Person submitting Fiscal Note: Tracy L. Webb, General Counsel
Email Address: twebb@wvlottery.com