FISCAL NOTE

Date Requested: January 12, 2024
Time Requested: 05:45 PM
Agency: Education, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
1211 Introduced SB361
CBD Subject: Education (Higher)


FUND(S):

N/A

Sources of Revenue:

General Fund N/A

Legislation creates:





Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


This legislation, in its current form, creates a loan program under the Promise Scholarship Program administered by the Higher Education Policy Commission (HEPC); therefore, it does not have any fiscal impact on the West Virginia Department of Education (WVDE).



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 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):


N/A



Memorandum


Since this proposed legislation will have to be implemented by HEPC, fiscal impact should be requested of that organization.



    Person submitting Fiscal Note: Tina Payne
    Email Address: Tina.A.Payne@k12.wv.us