Date Requested:February 24, 2011
Time Requested:04:19 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2011R2620 Introduced HB3068
CBD Subject: WVU-TECH REVITALIZATION PROJECT
FUND(S)
0589
Sources of Revenue
General Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

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

    House Bill 3068 requires a Revitalization Project for WVU-Tech to be completed under the direction of the Higher Education Policy Commission. A study will be conducted and paid for by the Commission. The bill permits the expenditure of appropriated funds under the direction of the Commissions’ Chancellor for the purposes set forth the bill and in the proposed revitalization plan approved by LOCEA. Although the bill does not establish an amount for these appropriations, the costs associated with development of new programs, student outreach initiatives, demolition of certain facilities, and renovation of campus infrastructure will be substantial.

Fiscal Note Detail
Over-all effect
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
3. Explanation of above estimates (including long-range effect):
    


Memorandum
Person submitting Fiscal Note:
Ed Magee
Email Address:
emagee@hepc.wvnet.edu