FISCAL NOTE
FUND(S):
Sources of Revenue:
Other Fund Federal Funds
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
100% Federal funding of extended unemployment benefits. This bill amends our current statute to provide a three year look back comparison of our total unemployment rate as opposed to a 2 year look back comparison. If this legislation would not pass we could potentially trigger off eligibility for 100% Federal funding of extended benefits later this year. If this would happen approximately 2,500 to 3,000 claimants would immediately lose their extended unemployment benefits and claimants exhausting emergency unemployment would not be able to receive further extended benefits.
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 |
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):
Any involved administrative costs are also funded by Federal funding.
Memorandum
Person submitting Fiscal Note: Caren R. Jenkins
Email Address: Caren.r.jenkins@wv.gov