FISCAL NOTE

Date Requested: February 23, 2021
Time Requested: 03:12 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1277 Introduced HB2042
CBD Subject:


FUND(S):

General

Sources of Revenue:

General Fund

Legislation creates:





Fiscal Note Summary


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


House Bill 2042, if enacted would exempt sales of small arms and small arms ammunition from state sales and use tax. No additional costs would be incurred by public higher education from the enactment of this legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2021
Increase/Decrease
(use"-")
2022
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):






Memorandum






    Person submitting Fiscal Note: Ed Magee
    Email Address: edward.magee@wvhepc.edu