FISCAL NOTE

Date Requested: February 18, 2016
Time Requested: 10:48 AM
Agency: Veterans Affairs, Division of
CBD Number: Version: Bill Number: Resolution Number:
2844 Comm. Sub. HB 2852
CBD Subject:


FUND(S):

WV Veterans' Facilities Support Fund

Sources of Revenue:

Special Fund

Legislation creates:

A New Fund



Fiscal Note Summary


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


The proposed bill would not have an impact on department expenses but two-thirds of estimated revenue would be deposited into the Veterans Facilities Support Fund.



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 0 629,332 629,332


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


These estimated numbers are based on HB2852 Engrossed Committee Substitute at two-thirds of sales tax collected and persuant to Department of Revenue estimates.



Memorandum






    Person submitting Fiscal Note: Stacy E. Brown
    Email Address: stacy.e.brown@wv.gov