FISCAL NOTE
Date Requested: February 12, 2019
Time Requested: 01:00 PM |
| Agency: |
Auditor, State of WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3152 |
Introduced |
HB3045 |
|
|---|
| CBD Subject: |
Local and Special Laws, Taxation |
|---|
|
FUND(S):
LOCAL FUNDS
Sources of Revenue:
Other Fund Local Government - Hotel Occupancy Tax
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of proposed House Bill 3045 is to exempt complimentary hotel rooms provided by a hotel operator to guests without charge from the hotel occupancy tax.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2019
Increase/Decrease
(use"-") |
2020
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):
While we believe the potential adoption of the proposed Bill would act to reduce local governmental tax collections related to the Hotel Occupancy Tax, we do not have access to sufficient records that would allow us to reliably estimate the fiscal impacts of the Bill with regard to specific locales or on a State-wide Basis. Specifically, we do not know the number of overnight stays which are typically provided on a complimentary basis by lodging facilities around the State on an annual basis.
Memorandum
Person submitting Fiscal Note: Michael E. Sizemore, CPA
Email Address: Mike.Sizemore@wvsao.gov