FISCAL NOTE
Date Requested: February 09, 2026
Time Requested: 04:25 PM |
| Agency: |
Tax & Revenue Department, WV State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3039 |
Introduced |
HB5373 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
General Revenue Fund
Sources of Revenue:
General Fund
Legislation creates:
Increases Revenue From Existing Sources, Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of this bill is to authorize two or more charitable or public service organizations to hold a joint raffle occasion.
This bill would enable two or more charitable or public service organizations to hold a joint raffle occasion, provided that each participating organization has been granted a limited occasion raffle license for the specific jointly held event. This could create a minimal increase to the General Revenue Fund in FY2027 and subsequent years through sales of more limited occasion raffle licenses.
Administrative costs incurred by the Tax Division would be $1,100 in FY2027.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
1,100 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
1,100 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
This bill would enable two or more charitable or public service organizations to hold a joint raffle occasion, provided that each participating organization has been granted a limited occasion raffle license for the specific jointly held event. This could give a minimal increase to the General Revenue Fund through sales of more limited occasion raffle licenses.
Administrative costs incurred by the Tax Division would be $1,100 in FY2027 to update online publications, instructions and taxpayer education.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: RADfiscal@wv.gov