FISCAL NOTE
FUND(S):
0256
Sources of Revenue:
General Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this legislation is to require a jobs impact statement be completed by the Development Office on certain proposed legislation which may cause an impact on the State's economy. These impact statements may be requested by the Governor or the presiding officer of either house of the Legislature .
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2013 Increase/Decrease (use"-") |
2014 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
262,000 |
262,000 |
Personal Services |
0 |
162,000 |
162,000 |
Current Expenses |
0 |
100,000 |
100,000 |
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):
The above cost estimate is based on the costs of adding two additional staff to our Research Unit to coordinate and prepare these inpact statements . The costs listed under current expense are to cover the costs of research materials to support this staff as well as to employ outside consultants necessary to properly complete these statements.
Memorandum
It is difficult to provide an estimated cost of this legislation because we don't know how many bills would require an impact statement each year.
Person submitting Fiscal Note: Carl D Smith
Email Address: carl.d.smith@wv.gov