FISCAL NOTE
Date Requested: January 21, 2019 Time Requested: 01:45 PM |
Agency: |
Environmental Protection, Department of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1777 |
Introduced |
SB384 |
|
CBD Subject: |
Real and Personal Property |
---|
|
FUND(S):
SPECIAL REVENUE
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This proposed legislation should increase revenue in the Oil and Gas Reclamation fund (3322). From the information provided, it cannot be determined if the DEP would incur any expenses related to this transfer.
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):
Due to a lack of history of unclaimed funds and due to the unknown nature of the process that would be implemented to make this transfer of funds, the DEP is unable to estimate the financial impact of this proposed legislation.
Memorandum
THIS BILL DOES NOT SPECIFY WHAT AGENCY WOULD COLLECT AND ACCOUNT FOR THESE FUNDS. IT ALSO DOES NOT SPECIFY WHAT AGENCY WOULD BE RESPONSIBLE FOR THE FUNDS TRANSFER.
Person submitting Fiscal Note: JEAN SHEPPARD
Email Address: JEAN.J.SHEPPARD@WV.GOV