FISCAL NOTE
Date Requested: January 11, 2024
Time Requested: 09:31 PM |
| Agency: |
Attorney General, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1088 |
Introduced |
HB4381 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
Attorney General – General Fund
Sources of Revenue:
General Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill expands the reach of consumer protection measures and processes to a new range of activity regarding the handling of consumer personal information.
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 |
100,000 |
100,000 |
100,000 |
| Personal Services |
100,000 |
100,000 |
100,000 |
| 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):
The numbers recorded above reflect the potential impact of this bill as leading to new investigations and civil actions to be conducted by the Attorney General’s Office. Depending on the number of reports, investigations, and enforcement litigation, the cost to the State in terms of increased expenses could be considerable and in excess of the above estimate. However, such actions also bear the potential for some recovery in the form of fines, as reflected in the estimates of potential future revenue.
Memorandum
Person submitting Fiscal Note: Curtis R. A. Capehart
Email Address: curtis.r.a.capehart@wvago.gov