FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


     The purpose of this bill is to amend portions of the current statute to permit the non-renewal of an automobile liability insurance policy for failure of consideration.
    
     This bill has no fiscal impact upon the West Virginia Division of Motor
    Vehicles.
    



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 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):


    This bill has no fiscal impact upon the West Virginia Division of Motor Vehicles at this time.
    



Memorandum


    



    Person submitting Fiscal Note: Jerry L. Conrad
    Email Address: Jerry.L.Conrad@wv.gov