FISCAL NOTE
Date Requested: February 16, 2018
Time Requested: 03:47 PM |
| Agency: |
Tax & Revenue Department, WV State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2265 |
Amendment - R&T 2-12 |
HB4347 |
|
|---|
| CBD Subject: |
Crime |
|---|
|
FUND(S):
State Police Forensic Laboratory Fund
Sources of Revenue:
Other Fund State Police Forensic Laboratory Fund
Legislation creates:
Creates New Fund: State Police Forensic Laboratory Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to permit individuals to voluntarily contribute to the West Virginia State Police Forensic Laboratory Fund.
Passage of this bill would result in the creation of a voluntary check-off line on Personal Income Tax returns for taxpayers who wish to contribute to the “West Virginia State Police Forensic Laboratory Fund.” The new check-off may result in the voluntary contribution of a modest sum of funds to provide a source of revenue for the operation of the West Virginia State Police Forensic Laboratory Fund. Passage of this bill would have no effect on General Revenue Fund collections.
Additional administrative costs to the State Tax Department would be $30,000 in FY2019 and $10,000 thereafter.
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 |
30,000 |
10,000 |
| Personal Services |
0 |
10,000 |
10,000 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
20,000 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
Passage of this bill would result in the creation of a voluntary check-off line on Personal Income Tax returns for taxpayers who wish to contribute to the “West Virginia State Police Forensic Laboratory Fund.” The new check-off may result in the voluntary contribution of a modest sum of funds to provide a source of revenue for the operation of the West Virginia State Police Forensic Laboratory Fund. Passage of this bill would have no effect on General Revenue Fund collections. The State Tax Commissioner shall determine by July 1 of each year the total amount designated pursuant to this section and shall report that amount to the State Treasurer.
Additional administrative costs to the State Tax Department would be $30,000 in FY2019 and $10,000 thereafter.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov