FISCAL NOTE
Date Requested: March 10, 2021
Time Requested: 02:44 PM |
| Agency: |
Auditor, State of WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2969 |
Introduced |
HB3057 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
Local Funds
Sources of Revenue:
Other Fund Local Government - Hotel Occupancy Tax
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of proposed House Bill 3057 is to provide for the collection of the hotel occupancy tax by marketplace facilitators.
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):
We are unable to identify any additional costs to the State or political subdivisions of the State which would result from enactment of the proposed legislation. Likewise, the proposed legislation could result in additional collections of the Hotel Occupancy Tax which might not be collected currently; however, we have no reasonable basis to make any projections with regard to additional potential revenue collections under the proposed Bill.
Memorandum
We have no additional comments regarding the proposed legislation.
Person submitting Fiscal Note: Michael E. Sizemore, CPA
Email Address: Mike.Sizemore@wvsao.gov