FISCAL NOTE
Date Requested: February 19, 2015
Time Requested: 02:51 PM |
| Agency: |
Labor, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2716 |
Introduced |
HB2817 |
|
|---|
| CBD Subject: |
Retirement |
|---|
|
FUND(S):
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.
This program would not generate any revenue for state government, but would cause additional costs to manage the requirements of the legislation. These costs would have to be appropriated from the state general revenue fund.
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 |
250,000 |
250,000 |
| Personal Services |
0 |
235,000 |
235,000 |
| Current Expenses |
0 |
15,000 |
15,000 |
| 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 mandate of the legislation would cause the Division of Labor to need 3 office staff and 3 labor inspectors (field staff) to manage the requirements of the program. The division would also need start money to purchase equipment for the 6 new employees, and to meet the expense requirements (vehicle, travel, etc) for the field staff.
Memorandum
Person submitting Fiscal Note: Denise K. Brown
Email Address: denise.k.brown@wv.gov