FISCAL NOTE

Date Requested: February 08, 2018
Time Requested: 01:44 PM
Agency: Alcohol Beverage Control Administration
CBD Number: Version: Bill Number: Resolution Number:
1902 Introduced HB4472
CBD Subject: Health


FUND(S):

General, Special

Sources of Revenue:

Special Fund

Legislation creates:

Increases Revenue From Existing Sources, Decreases Existing Revenue



Fiscal Note Summary


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


    Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
    
    Note, the WVABCA does not collect taxes on alcoholic liquors, please check with the WV State Tax Department.
    
    HB 4472 attempts to raise the tax on liquor sales and deposit moneys into a special revenue account, not general revenue, for the West Virginia Addictions Treatment and Recovery Fund.
    
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2018
Increase/Decrease
(use"-")
2019
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):


    Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
    
    The WVABCA does not collect taxes on alcoholic liquors, please check with the WV State Tax Department. A 5 cents tax per ounce could excessive and impact sales.



Memorandum


    Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
    
    HB 4472 would divert funds generally meant for the General Revenue to a special fund for West Virginia Addictions Treatment and Recovery Fund. Interestingly, the HB 4472 does not tax the medical or pharmaceutical industry.



    Person submitting Fiscal Note: Anoop Bhasin, General Counsel on WVABCA's behalf
    Email Address: Anoop.K.Bhasin@wv.gov