|Date Requested:March 07, 2013
Time Requested:03:06 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| HB 2864, if enacted, would increase the recipients of the West Virginia Research Trust Fund to include all state land grant institutions of higher education, to redistribute funds, to deposit $25 million into the fund from the General Revenue Fund under certain conditions, and to establish a deadline and consequences for failure to obtain matching funds and donations.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||25,000,000||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):