FUND(S):

Public Campaign Financing Fund

Sources of Revenue:

Special Fund

Legislation creates:

A New Program,A New Fund



Fiscal Note Summary


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


    The purpose of this bill is to create a system for the public funding of election campaigns for candidates for the State Senate and House of Delegates.
    
    As written, the Committee Substitute for HB2732 removes all references to the State Tax Department, income taxes and the General Revenue Fund.
    



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):


    The purpose of this bill is to create a system for the public funding of election campaigns for candidates for the State Senate and House of Delegates.
    
    As written, the Committee Substitute for HB2732 removes all references to the State Tax Department, income taxes and the General Revenue Fund.
    



Memorandum


     Person submitting Fiscal Note: Mark Muchow
     Email Address: kerri.r.petry@wv.gov