FISCAL NOTE
Date Requested: January 12, 2024
Time Requested: 05:11 PM |
| Agency: |
Secretary of State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1936 |
Introduced |
HB4657 |
|
|---|
| CBD Subject: |
Constitutional Officers |
|---|
|
FUND(S):
0155
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This proposal increases annual costs for each the named state agencies by $24,000 each.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2024
Increase/Decrease
(use"-") |
2025
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
24,000 |
967,230 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
943,230 |
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):
Simply,adding 24,000 annual increase in salary of SOS to existing budget for staff salaries. No further future increases expected as proposal is static increase.
Memorandum
Unclear whether in the event the cost of a residence under this section is less than the monthly allowance the constitutuonal officer must return the excess salary. Also, if a residence is purchased, after the officer's term expires, bill should clarify that the state does not own the residence and the ethics act does not prohibit the officer from keeping the residence--perhaps the salary increase for housing should be uniform for all const. officers regardless of need.
Person submitting Fiscal Note: DONALD KERSEY
Email Address: Dkersey@wvsos.gov