FISCAL NOTE

Date Requested: February 12, 2019
Time Requested: 12:54 PM
Agency: Labor, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
3277 Introduced HB3026
CBD Subject: Taxation


FUND(S):

General Revenue

Sources of Revenue:

General Fund

Legislation creates:

Creates New Program



Fiscal Note Summary


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


    There will be an initial start-up cost to create the application, application process and educate businesses. However, we are unable to anticipate the number of applications.



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 62,000 62,000
Personal Services 0 51,522 51,522
Current Expenses 0 9,672 9,672
Repairs and Alterations 0 248 248
Assets 0 558 558
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):


    There will be an initial start-up cost to create the application, application process and educate businesses. However, we are unable to anticipate the number of applications.



Memorandum


    There will be an initial start-up cost to create the application, application process and educate businesses. However, we are unable to anticipate the number of applications.



    Person submitting Fiscal Note: Mitchell E. Woodrum, Commissioner
    Email Address: Mitchell.E.Woodrum@wv.gov