FISCAL NOTE

Date Requested: February 28, 2018
Time Requested: 08:06 AM
Agency: Secretary of State
CBD Number: Version: Bill Number: Resolution Number:
2355 Introduced SB427
CBD Subject: Taxation


FUND(S):

0155

Sources of Revenue:

General Fund

Legislation creates:

Decreases Existing Expenses



Fiscal Note Summary


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


    Elimination of certified mail requirement for some notices will result in a cost savings estimated at $6,000 for the agency.



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 7,500 -6,000 1,500
Personal Services 1,000 0 1,000
Current Expenses 6,000 -5,500 500
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 500 0 0
2. Estimated Total Revenues 0 0 0


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


    The bulk of notices deal with amounts less than $1000. In fact, many of the mailings are at or less than the cost of the certified mail. This elimination will result in a tangible savings to the agency estimated at $6000.



Memorandum


    None



    Person submitting Fiscal Note: Stephen Connolly - Dep. Secretary/Chief Counsel
    Email Address: sconnolly@wvsos.gov