FISCAL NOTE
FUND(S):
1401
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill proposes an additional fee of $5.00 per year to be attached to the commercial feed distributor permit fee which would amount to approximately $475.00 revenue per year. This amount would then be deposited into a fund for the benefit of a non-profit corporation. The additional administrative activities for the Department of Agriculture's, State Auditor's and State Treasurer's employees associated with the processing of this fee would make it cost prohibitive to implement.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2011 Increase/Decrease (use"-") |
2012 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
5,000 |
5,000 |
5,000 |
Personal Services |
5,000 |
5,000 |
5,000 |
Current Expenses |
0 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
475 |
475 |
475 |
Explanation of above estimates (including long-range effect):
The increase in Personal Services would be the estimated cost for the additional administrative activities for the Department of Agriculture's, State Auditor's and State Treasurer's employees associated with the processing of this fee.
Memorandum
Person submitting Fiscal Note: Sandra Gillispie
Email Address: sgillispie@wvda.us