FISCAL NOTE
Date Requested: January 15, 2026
Time Requested: 04:39 PM |
| Agency: |
Tax & Revenue Department, WV State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1063 |
Introduced |
HB4396 |
|
|---|
| CBD Subject: |
Consumer Protection |
|---|
|
FUND(S):
None
Sources of Revenue:
Other Fund none
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of this bill is to remove sales tax from being included in the electronic payment surcharge computation and creating a civil penalty.
There would be no impact on the State’s costs or revenues.
The bill would reduce interchange fees credit card companies can charge to process payments. Credit card companies would no longer be able to include West Virginia Consumers Sales Tax in the calculation of their processing fees.
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 |
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):
There would be no impact on the State’s costs or revenues.
The bill would reduce interchange fees credit card companies can charge to process payments. Credit card companies would no longer be able to include West Virginia Consumers Sales Tax in the calculation of their processing fees.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: RADfiscal@wv.gov