FISCAL NOTE
Date Requested: January 26, 2024
Time Requested: 06:18 PM |
| Agency: |
Attorney General, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3212 |
Introduced |
HB5228 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
Attorney General – Consumer Protection Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
It is unlikely that this minor measure will have any notable impacts on costs or revenues.
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):
This bill requires telemarketers making unsolicited phone calls to ensure the area code and point of origin appear in a phone’s caller identification, and failure to do so would be a violation of the Consumer Credit and Protection Act. It is unknown whether there would be noncompliance and, if so, to what degree. The above estimates reflect these unknowns and uncertainties. In the event that there are noncompliant telemarketers and such violators are able to be identified, there would be investigation and litigation expenses, and such costs could be considerable in some cases.
Memorandum
Person submitting Fiscal Note: Curtis R. A. Capehart
Email Address: curtis.r.a.capehart@wvago.gov