FISCAL NOTE

Date Requested: February 23, 2016
Time Requested: 02:51 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2894 Introduced HB4707
CBD Subject: Education (Higher)


FUND(S):

0589

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.


House Bill 4707 would abolish the West Virginia Higher Education Policy Commission; transfer all powers and duties of the commission relating to governance of institutions of higher education to the board of governors of the institutions; transfer all powers and duties of the commission to secure, provide, or administer financial support for educational or research purposes to the Cabinet Secretary for the Department of Education and the Arts; provide for the transfer and disposition of assets, property and records of the commission; and authorize legislative and emergency rulemaking. This bill does not define “the powers and duties of the commission to provide, or administer financial support for educational or research purposes"; consequently, it is not possible to determine the financial impact of this bill. Further, the costs associated with this bill would be incurred by the Cabinet Secretary of the Department of Education and the Arts. After July 1, 2016 the Higher Education Policy Commission costs would not incur any costs. If the needed definition was provided, the Cabinet Secretary could estimate her agency’s costs associated with the enactment of the bill.



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):






Memorandum






    Person submitting Fiscal Note: Ed Magee
    Email Address: edward.magee@wvhepc.edu