Date Requested:February 13, 2014
Time Requested:02:26 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2014R2329 HB4496
CBD Subject:
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
Over-all effect
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
3. Explanation of above estimates (including long-range effect):
    


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