Date Requested: February 09, 2015
Time Requested: 12:36 PM
Agency: Athletic Commission
CBD Number: Version: Bill Number: Resolution Number:
2892 Introduced SB436
CBD Subject: Boards and Commissions


FUND(S):

General Revenue Fund

Sources of Revenue:

General Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    This bill increases certain license fees for promoters, contestants, and officials licensed by the State Athletic Commission. The annual license fees are increased as follows: a promoter’s license is increased from $125 to $150; a contestant’s annual license fee is increased from $10 to $20; and an officials’ license is increased from $10 to $30.
    
    The State Athletic Commission currently has no administrative staff in which to keep updated licensing records, therefore, the revenue impact described below is based on a good faith estimate of total licensees in FY 14.
    
    There does not appear to be any change in costs to the state.



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 2,440 2,440 2,440


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


    The aforementioned revenues are based on the following estimated numbers of license holders:
    
    Contestants/Seconds- 201 [each paying an additional $10 annually for their license]
    
    Officials- 14 [each paying an additional $20 annually for their licenses]; please note that "officials" includes referees, judges, and inspectors as a whole.
    
    Promoters- 6 [each paying an additional $25 annually for their licenses].
    
    Thus, the abovementioned totals comprise the estimated total revenues listed above.
    
    Again, it is important to note that the aforementioned revenues and number of licensees are based on good faith estimates from calendar year 2014, but may not reflect all licensees that participated in events. More extensive research may be conducted if necessary.



Memorandum


    As shown in the figures, the bill appears to have a minimal impact on state revenues. Increases in future revenues from licensing fees is entirely dependent on drawing more [new] contestants, officials, and promoters to participate in boxing and MMA events in the state.



    Person submitting Fiscal Note: Danielle Boyd
    Email Address: dboyd@wvlottery.com