FUND(S):

0589

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.


    House Bill 4496 if enacted would provide for the allocation of matching funds from future moneys deposited into the West Virginia Research Trust Fund. In addition, it would expand the eligible recipients of matching funds to include West Virginia State University in certain instances. It also provides for the redistribution of moneys. The proposed legislation does not provide for a specific dollar amount to be transfered from the General Revenue Fund into the West Virginia Research Trust Fund.



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 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):


    



Memorandum


     Person submitting Fiscal Note: Ed Magee
     Email Address: emagee@hepc.wvnet.edu