FISCAL NOTE
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