FISCAL NOTE
FUND(S):
0256
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this legislation is to require a jobs impact statement be completed by the Development Office on any proposed legislation that may have an impact on the state's economy. An impact statement may be requested by the Governor or the presiding officer of either house of the Legislature.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2014 Increase/Decrease (use"-") |
2015 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
262,000 |
262,000 |
Personal Services |
0 |
162,000 |
162,000 |
Current Expenses |
0 |
100,000 |
100,000 |
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 above estimate is based on adding two additional staff to our Research Unit to coordinate and prepare these impact statements. The amount under current expense is to cover the costs of research materials to support our staff as well as to hire outside attorneys and other consultants nessary to properly complete these statements.
Memorandum
It is difficult to provide an estimated cost of this legislation because we don't know how many bills will require an impact statement each year.
Person submitting Fiscal Note: Carl D Smith
Email Address: carl.d.smith@wv.gov