Date Requested: January 16, 2015
Time Requested: 11:21 AM
Agency: Public Service Commission
CBD Number: Version: Bill Number: Resolution Number:
2029 Introduced SB234
CBD Subject: Public Service Com.


FUND(S):

Utilities 8623

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    From a revenue perspective,SB234 will reduce Public Service Commission revenues (assessments)by approximately $1.7 million. The bill will not reduce the workload at the Commission, but, rather change the nature of the work performed and very likely increase the level of assistance to PSD's. The Utilities Division and the Water & Wastewater Division will be reorganized to absorb the increased load - thus not increasing costs through hiring of additional staff.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2015
Increase/Decrease
(use"-")
2016
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 -1,711,157 -1,711,157


Explanation of above estimates (including long-range effect):


    From a revenue perspective,SB234 will reduce Public Service Commission revenues (assessments)by approximately $1.7 million. The bill will not reduce the workload at the Commission, but, rather change the nature of the work performed and very likely increase the level of assistance to PSD's. The Utilities Division and the Water & Wastewater Division will be reorganized to absorb the increased load - thus not increasing costs through hiring of additional staff.
    
    The long-term fiscal impact will be static.



Memorandum


    From a fiscal perspective, relieving these entities of their PSC assessments creates a subsidy. Electric,gas,railroad, telecom, solid waste and large water utilities will most likely have their assessments increased so the approximately 600 PSD's, municipalities,etc. may receive free services from the PSC.



    Person submitting Fiscal Note: Cheryl A. Ranson
    Email Address: cranson@psc.state.wv.us