FISCAL NOTE
Date Requested: January 27, 2016
Time Requested: 10:57 AM |
| Agency: |
Board of Risk and Insurance Management |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2152 |
Introduced |
SB382 |
|
|---|
| CBD Subject: |
Boards and Commissions, Education (K12) |
|---|
|
FUND(S):
2363 – Public Entity Insurance Trust Fund
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.
The proposed legislation indicates that the Board of Risk and Insurance Management (BRIM) shall provide professional or other liability coverage for certain boards of education volunteer workers and student teachers. BRIM does not currently maintain any exposure data related to boards of education volunteer workers or student teachers as described in the legislation and cannot identify any professional or other liability losses that are associated with these volunteer workers and student teachers. As a result, an estimate of the projected additional costs and expenses for the current fiscal year, or any subsequent fiscal year, cannot reasonably be determined or estimated.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2016
Increase/Decrease
(use"-") |
2017
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):
Increases and decreases in costs and/or reveneus cannot be reasoanbly determined due to unavaialable relevant data to project estimates.
Memorandum
Person submitting Fiscal Note: Stepehen Schumacher
Email Address: stephen.w.schumacher@wv.gov