Date Requested:January 31, 2012
Time Requested:01:09 PM
Agency: Development Office
CBD Number: Version: Bill Number: Resolution Number:
2012R1181 Introduced SB115
CBD Subject: CREATING KEEP JOBS IN WEST VIRGINIA ACT
FUND(S)
0256
Sources of Revenue
General Fund
Legislation creates:
A New Program

Fiscal Note Summary

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

    The purpose of this legislation is to prohibit public agencies in West Virginia from awarding contracts to vendors who will perform any part of the work outside of the United States.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2012
Increase/Decrease
(use"-")
2013
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 100,000 100,000
Personal Services 0 67,500 67,500
Current Expenses 0 32,500 32,500
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):
    The above cost estimate is based on the need to hire at least one additional staff person to collate the necessary information on companies receiving development assistance as well as to handle the various information requests from state and local agencies concerning potential or current contractors.


Memorandum
Person submitting Fiscal Note:
Carl D Smith
Email Address:
carl.d.smith@wv.gov
    Does this legislation mean that International Companies who have located facilitities in West Virginia can not bid on state and local contracts?