FISCAL NOTE
Date Requested: March 06, 2025
Time Requested: 11:56 AM |
| Agency: |
Veterans Assistance, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3590 |
Introduced |
SB666 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
N/A
Sources of Revenue:
General Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
According to statistics available through the federal Department of Veterans Affairs, West Virginia is home to 9,933 veterans who are 100% disabled. An additional 4,352 would become eligible, as this bill is written. The Department of Veterans Assistance does not have the access to the property assessment information necessary to calculate these values.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
Without the assessments of eligible property, and the cost of any taxes currently charged, the Department is unable to calculate a total. However, the State Tax Department may be able to provide an accurate calculation.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Heather L Brunton
Email Address: heather.l.brunton@wv.gov