FISCAL NOTE

Date Requested: March 10, 2017
Time Requested: 10:09 AM
Agency: Transportation, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
1724 Amendment HB2415
CBD Subject: Roads and Transportation


FUND(S):



Sources of Revenue:

Other Fund State Road Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


The proposed HB2415 would require the Division of Highways to obtain from others certain studies prior to the expenditure of funds in excess of a certain amount to provide access roads for certain types of developments. Additionally, the proposal would restrict the issuance of a certain level of GARVEE bond funding without approval of the Legislature. These additional requirements could result in changes in project development and implementation schedules that potentially could result in increased project cost. Fiscal Note Detail: no dollars for cost or revenue



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
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: Lorrie Hodges
    Email Address: lorrie.a.hodges@wv.gov