FISCAL NOTE
Date Requested: January 23, 2020 Time Requested: 05:17 PM |
Agency: |
Tax & Revenue Department, WV State |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1200 |
Introduced |
SB142 |
|
CBD Subject: |
Taxation |
---|
|
FUND(S):
Intergrated Predation Management Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of this bill is to expand the Coyote Control Program by providing for an assessment on breeding cows. The bill provides an option for owners of breeding cows not to participate in the program.
The bill, as written, assesses a tax of $1.00 on each head of cattle in West Virginia. The revenue from this tax would be used to help fund the West Virginia Integrated Predation Management Program. The provisions of this bill would result in approximately $290,000 a year for the “West Virginia Integrated Predation Management Fund”.
Additional administrative costs would be minimal.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2020 Increase/Decrease (use"-") |
2021 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, as written, assesses a tax of $1.00 on each head of cattle in West Virginia. The revenue from this tax would be used to help fund the West Virginia Integrated Predation Management Program. The provisions of this bill would result in approximately $290,000 a year for the “West Virginia Integrated Predation Management Fund”.
Additional administrative costs would be minimal.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov