FUND(S):

1401

Sources of Revenue:

Special Fund

Legislation creates:

A New Program



Fiscal Note Summary


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


    This bill proposes an additional fee of $5.00 per year to be attached to the commercial feed distributor permit fee which would amount to approximately $475.00 revenue per year. This amount would then be deposited into a fund for the benefit of a non-profit corporation. The additional administrative activities for the Department of Agriculture's, State Auditor's and State Treasurer's employees associated with the processing of this fee would make it cost prohibitive to implement.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2011
Increase/Decrease
(use"-")
2012
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 5,000 5,000 5,000
Personal Services 5,000 5,000 5,000
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 475 475 475


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


    The increase in Personal Services would be the estimated cost for the additional administrative activities for the Department of Agriculture's, State Auditor's and State Treasurer's employees associated with the processing of this fee.
    
    



Memorandum


    



    Person submitting Fiscal Note: Sandra Gillispie
    Email Address: sgillispie@wvda.us