FISCAL NOTE
Date Requested: February 12, 2024
Time Requested: 03:28 PM |
| Agency: |
Highways, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3750 |
Introduced |
HB5595 |
|
|---|
| CBD Subject: |
Claims; Legislature |
|---|
|
FUND(S):
State Road Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
Under ยง14-2-17a. Shortened procedure for road condition claims. This bill would be revenue and expense neutral for the WVDOH. When the commission approves a claim, and the DOH concurs with the claim, the DOH will inform the clerk that it will stipulate to the entire amount of the claims or to a specific amount of the claim, not to exceed $3,000.
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
In summary, if HB 5595 were to become law, the DOH would pay claims as they they were approved by the Division and the commission. In prior years, the claim would be paid annually, this bill would change the payment schedule release that stipulation. The expense of paying a claim would remain the same as in years past, and no additional revenue would result from this proposed legislation.
The concern for the WVDOH would be a potential negative impact on cash flow management. The DOH is diligent in managing cash flow and leveraging federal reimbursements. Minimal payments associated with this proposed legislation would not have a substantive impact on operations, but this would be impossible to predict. If claims up to and including $3,000 were to be submitted, this could significantly impact cash flow management.
Person submitting Fiscal Note: Jonathan W Schaffer
Email Address: Jonathan.w.schaffer@wv.gov