FISCAL NOTE
Date Requested: February 09, 2016
Time Requested: 10:27 AM |
| Agency: |
Tax Department, State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2208 |
Introduced |
HB4442 |
|
|---|
| CBD Subject: |
Alcoholic Liquors and Beers, Taxation |
|---|
|
FUND(S):
General Revenue Fund
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.
The stated purpose of this bill is to exempt farm wineries from the liter tax provided under §60-8-4 for sales of wine to retail outlets.
The bill has a typographical error in which a section of code not dealing with the liter tax is referenced. Therefore, the bill does not exempt farm wineries from any taxation. Further, the liter tax is not imposed when farm wineries sell wine to retail outlets.
There would be no administrative costs to the Tax Department.
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):
The bill has a typographical error in which a section of code not dealing with the liter tax is referenced. Therefore, the bill does not exempt farm wineries from any taxation. Further, the liter tax is not imposed when farm wineries sell wine to retail outlets.
There would be no administrative costs to the Tax Department.
Memorandum
The stated purpose of this bill is to exempt farm wineries from the liter tax provided under §60-8-4 for sales of wine to retail outlets.
There is a title defect. The bill cites the wrong section of the W. Va. Code and does not exempt farm wineries from any taxation as drafted.
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov