| Date Requested:February 18, 2013 Time Requested:02:30 PM |
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| FUND(S) 0586 | |||
|---|---|---|---|
Sources of Revenue | |||
| General Fund | |||
Legislation creates:
Neither Program nor Fund | |||
Effect this measure will have on costs and revenues of state government.
| House Bill 2163, if enacted would add $20 million to the West Virginia Trust Fund's Bucks for Brains initiative. These funds would be disbursed to West Virginia University and Marshall University to match funds raised by these universities from other sources. Additional costs in exess of the $20 million specified by the bill are not anticipated. |
| Over-all effect |
| Effect of Proposal | Fiscal Year | ||
|---|---|---|---|
| 2013 Increase/Decrease (use"-") |
2014 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) | |
| 1. Estmated Total Cost | 0 | 20,000,000 | 0 |
| Personal Services | 0 | 0 | 0 |
| Current Expenses | 0 | 0 | 0 |
| Repairs and Alterations | 0 | 0 | 0 |
| Assets | 0 | 0 | 0 |
| Other | 0 | 20,000,000 | 0 |
| 2. Estimated Total Revenues | 0 | 0 | 0 |
|
3. Explanation of above estimates (including long-range effect):
|