FISCAL NOTE
Date Requested: February 17, 2025
Time Requested: 03:55 PM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1566 |
Introduced |
HB2497 |
|
|---|
| CBD Subject: |
State Personnel; Uniform Laws |
|---|
|
FUND(S):
7152
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of House Bill 2497 is to implement a regional differential pay designated as "Locality Pay".
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
Memorandum
The purpose of House Bill 2497 is to implement a regional differential pay designated as "Locality Pay".
After reviewing the 2024 General Schedule Pay Tables published by the U.S. Office of Personnel Management (OPM), it was determined that there were two (2) demographic areas in West Virginia listed; Pittsburgh-New Castle-Weirton, PA-OH-WV and Washington-Baltimore-Arlington, DC-MD-VA-WV-PA. The OIC does have investigative field offices in these locations.
The OIC is unable to quantify the financial impact to the operating fund due to the additional information needed to align the federal rules, classifications and pay schedules to state personnel.
Person
Person submitting Fiscal Note: Rhonda Hartwell
Email Address: rhonda.c.hartwell@wv.gov