FISCAL NOTE

Date Requested: January 17, 2020
Time Requested: 12:59 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1318 Introduced HB4085
CBD Subject: Education (Higher)


FUND(S):

General Revenue

Sources of Revenue:

General Fund

Legislation creates:





Fiscal Note Summary


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


House Bill 4085, if enacted, would require repayment of the PROMISE scholarship if a student is not employed in West Virginia following graduation under certain circumstances. The additional administrative costs associated with this bill are not significant enough to require additional state appropriations.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2020
Increase/Decrease
(use"-")
2021
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