FISCAL NOTE
Date Requested: January 11, 2024
Time Requested: 08:30 PM |
| Agency: |
Workforce WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1731 |
Introduced |
HB4275 |
|
|---|
| CBD Subject: |
Agriculture |
|---|
|
FUND(S):
Greyhound Breeding Development-State Excess Lottery
Sources of Revenue:
Other Fund State Excess Lottery
Legislation creates:
Creates New Revenue, Creates New Expense, Creates New Fund: Greyhound Breeding Development
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill would transfer funds from State Excess Lottery to WorkForce WV (WFWV). WFWV would work with displaced Greyhound Breeders to guide, find, and assist with job training/education.
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 |
3,000,000 |
3,000,000 |
| Personal Services |
0 |
300,000 |
300,000 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
2,700,000 |
2,700,000 |
| 2. Estimated Total Revenues |
0 |
3,000,000 |
3,000,000 |
Explanation of above estimates (including long-range effect):
Revenue is from a transfer of State Excess Lottery set aside for displaced Greyhound Breeding Development. Increase in Personal Services is for staff’s time to guide, find, assist, and monitor the displaced greyhound breeders in training for new employment. “Other” costs is related to retraining costs for training programs, college/university, and certification programs.
Memorandum
N/A
Person submitting Fiscal Note: Jane Shinn
Email Address: Jane.Shinn@wv.gov